It does not matter what the business is. Or how well it has done in the past. It is about the here and now. And right now this stock is overvalued to the max. Times change and so does the psychology surrounding all business models. If it has a huge decline then i might buy in. But like i have said previously. RHC would need to drop at least 50% in price before i would consider that. Until then it is a short the rallies.
Article: Defensive buying opportunites from falling dollar, page-73
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Last
$42.67 |
Change
-0.020(0.05%) |
Mkt cap ! $9.824B | |||
| Open | High | Low | Value | Volume |
| $42.58 | $42.92 | $42.53 | $11.49M | 269.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14 | $42.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.67 | 1763 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| RHC (ASX) Chart |