WOW:ASX is under Algo Engine buy conditions and is a current holding in our ASX model portfolios.
Woolworths’ Chief Executive, Brad Banducci said the retailer remained committed to the $10bn spin-off and possible demerger of its liquor and hotels business, Endeavour Group.
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The higher low at $38.30 will likely result in increased buying support and the demerger will remain an attractive bonus for shareholders.
