BUY HOLD SELL - COL/WES
The biggest divorce in ASX history kicks off today as WES jettisons its problem child Coles (COL). The stock will start trading today at 11am. Not a great day to start life as a separate ASX listed company. Subscribers will remember pre the GFC, Coles was a separately listed company before WES pounced. Back to the future today. All WES shareholders are now COL shareholders.
The question for investors in WES is what to do with COL? Actually what to do with WES too?
COL is unique it is a BUY HOLD and SELL. It just depends on the price.
So what is Coles...Continue Reading