Anyone notice the exratordinary volumes yesterday? (10/5/2004)

48 million!!!

Many more buys than sells.

That and the price held out only losing a fraction of a penny.

No Easter Eggs in sight in my local store.

May be one reason but............

Any ideas people?

Not a holder of wlw jules,to rich a price for me.

statement tomorrow - hopefully lifts the share price..!!!
a rise back up to 44p would be a welcome boost for Woollies SP.

Either a sitting target for a predator, preferably Wallmart as mentioned a few back.

See that wlw is back in vouge with the tipsters

All thats holding back the sp at the minute is Deutche Bank unloading the residue of their 20% stake whih must be down to around 65m by now Another big chunk 19m went last week suggesting another fund is building a position at around 32p
Remember
.... even a relatively awful xmas ( sales down 3%) won`t stop woolies hitting their year end profit target which has 25m of cost savings guranteed to flow thru to the bottom line.........
Then watch the sp rise in Jan.........imho

I also read that they are bringing in mobile/portable cash registars in to reduce queing time for spenders over xmas,they should do well as if we are spending less on xmas items we tend to go to wlw to save afew pence.