Metcash revamp off to poor start

Ian Morrice’s ambitious revamp at Metcash is off to a slow start with the company today issuing a profit warning which sent its stock price plummeting.

Ian Morrice’s ambitious revamp at Metcash is off to a slow start with the company today issuing a profit warning which sent its stock price plummeting.

Granted, it kis a horror day on the market with lower oil prices sending BHP Billiton down below $30 for the first time since the GFC days of 2007.

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