New competitors pose threat to recovering Metcash

While investor optimism towards Metcash is slowly returning, the entry of new competitors to the wholesale market poses new threats. The share price for Metcash has gradually climbed in the past eight months as management has sought to rebuild confidence in the grocery wholesaler. In the past week, a frenzy of buying and selling of Metcash scrip boosted the share price to a lofty $2.28 ahead of optimistic analyst forecasts of the 2015 full financial year result. Metcash stock has been a gambling

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