"Sounds very convincing."
Yep, the prominent warning catchphrase of:
"Down She Goes; Where She Stops, Nobody Knows",
...printed in a large font, with suitably ominous bright red colour, seals the argument for me.
Even if this company continues its habit of growing its profits by >15% pa, with that sort of warning, there's simply no way the share price will continue to follow the earnings trajectory, as it has done for the past ten years.
Where She Stops, Nobody Knows...
It's doomed, for sure.
Doomed, I tell ya'z.
Downward trend confirmed., page-18
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Last
$47.52 |
Change
0.810(1.73%) |
Mkt cap ! $10.91B | |||
| Open | High | Low | Value | Volume |
| $46.50 | $47.63 | $46.50 | $32.52M | 688.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1946 | $47.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $47.52 | 5086 | 2 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| RHC (ASX) Chart |