In this article for the Herald Sun Andrew identifies the increased demand for online shopping. As online penetration continues to grow it is difficult to see how the profit margins of Woolworths and Coles can remain unscathed. Read here.
The Montaka Global Funds are short Woolworths Group, Walmart and Kroger. This article was prepared 20 March with the information we have today, and our view may change. It does not constitute formal advice or professional investment advice. If you wish to trade these stocks you should seek financial advice.