REH 0.11% $27.66 reece limited

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-10

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 106 Posts.
    lightbulb Created with Sketch. 2
    Surely the market is more sophisticated than to rally purely on the basis of a stock split...

    As for the research, it would makes sense that above average quality companies whose share prices increase materially over time would be more likely to split their shares and conversely poor quality companies that destroy shareholder value may consolidate shares from time to time.

    Thus, on average, share splits may be indicative of above average businesses and share consolidations indicative of below average businesses. However, it's all a very academic view of the world.

    Share prices rise and fall with business performance... increasing or decreasing the number of shares in circulation is merely a side show.
 
watchlist Created with Sketch. Add REH (ASX) to my watchlist
(20min delay)
Last
$27.66
Change
-0.030(0.11%)
Mkt cap ! $17.86B
Open High Low Value Volume
$27.84 $27.95 $27.51 $8.437M 305.0K

Buyers (Bids)

No. Vol. Price($)
1 533 $27.66
 

Sellers (Offers)

Price($) Vol. No.
$27.72 1496 1
View Market Depth
Last trade - 16.10pm 03/10/2024 (20 minute delay) ?
REH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.