Metcash's troubled turnaround

New management expects Metcash’s transformation strategy to make ‘significant progress’ in 2016. Good luck with that.

Metcash polarises investors. It’s the most heavily shorted stock on the market, which means short-term traders are betting the share price will fall. Others believe the company’s liquor and hardware businesses justify the share price alone, meaning you’re getting the grocery wholesaling business for free.

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