They may have made record profits, but their profit margins are still around that 5% margin. You need only look at their annual report.
If you want to have a go at companies, look at the insurance companies that are making almost 10% margins. Or Qantas with margins of 15%.
This is all smoke and mirrors in my opinion, and getting people distracted on actual issues. Everyone loves to hate on a common enemy, but I dont think Coles and Woollies are doing anything particularly bad.
Tyro Chart Analysis, page-425
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Last
78.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $411.3M | |||
| Open | High | Low | Value | Volume |
| 78.0¢ | 79.0¢ | 78.0¢ | $1.328M | 1.689M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 37637 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.0¢ | 10403 | 2 |
View Market Depth
| Last trade - 16.10pm 12/06/2024 (20 minute delay) ? |
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Last
78.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 78.5¢ | 79.3¢ | 78.3¢ | 692548 | ||
| Last updated 15.59pm 12/06/2024 ? | |||||
| TYR (ASX) Chart |