They need to sell off the French network and pay down debt, the UK is ok to hold but selling that too also a good move. France is the drag and lack of growth etc.
Private equity had a look, these clowns stuffed that to save jobs for themselves..... It's a great business, needs a new MD and management and get back to it's roots here in Oz.
RHC has to be good value around here and i have added, average now $50.28 and i feel sell France and it will be back mid $60s range
RHC chart, page-35
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Last
$42.58 |
Change
-0.060(0.14%) |
Mkt cap ! $9.804B | |||
| Open | High | Low | Value | Volume |
| $42.54 | $43.16 | $42.50 | $15.61M | 366.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 70 | $42.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.59 | 1783 | 2 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| RHC (ASX) Chart |