Store sales up 10% year on year before this stacking business came into play so yes, I would definitely concede more frequent visiting to take maximum advantage of stacking could well have benefits to the company in that way. Watching this one very closely as the yield is tempting. Plenty of margin in fuel at the moment as its still hasn't returned to pre Saudi infrastructure attack level's despite Brent being below the point before the attack and the $Kiwi now being above the level.
Govt have a point. Prices rise like a rocket on the slightest hint of trouble and fall at the pace of a snail. Replacement cost fuel pricing when oil goes up and historical cost pricing when it comes down. Seems extremely "contrived" for the fuel companies benifet…
With the recent poll result shock, Labour will be exceptionally keen to make political capital out of the fuel study report leading into an election year. Their response could be quite interesting.
P.S. Devon selling down http://nzx-prod-s7fsd7f98s.s3-websit...962/310188.pdf