RHP 0.00% $2.36 rhipe limited

Ann: rhipe agrees Scheme Implementation Deed with Crayon, page-25

  1. 259 Posts.
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    There are no other bids. I sold out about 2 months ago, assuming I should invest the money elsewhere. After much indecision I invested the sale proceeds from RHP + an extra $5000 in CXL two weeks ago. It has a good chart and wobbled up 5 or 6%.

    Today it jumped 40% on a positive announcement.

    My point is, if people are waiting for a better offer on RHP I don't think it is going to happen. If you are waiting on the dividend - there are much better dividend plays out there (FMG has a 22% dividend yield). Of course, capital gains are a relevant consideration but you are going to face that issue when the takeover is finalised.
 
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