First time post, go easy!
Full disclosure i hold RWC as part of my personal portfolio and through my SMSF via WLE
In regards to the comments and query's surrounding the significant swings and volatility in this stock on the back of no news or reports, i have been wondering whether underlying currency risk may be a factor that moves this stock considering a high percentage of earnings are generated in the U.S.
If you overlay a 6 month RWC chart and the AUD/USD chart there does appear to be some correlation between the movements in the two.
Personally i will continue to treat any significant pullbacks as entry opportunities until proved otherwise on this one.
RWC Price at posting:
$3.02 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)