Thanks for your input. I appreciated reviewing your analysis. It was information I already knew, but seeing the analysis reinforced the message.
Maybe I should have added a bit of explanation with my input. I was merely saying don't forget super funds and those on lower marginal tax rates because they run geared portfolios.
I first looked at RHC when they were $10 a share. I refused to buy because they had risen from $1 a share and were on a high PE. About a year later and against my best judgement, I reluctantly bought a small parcel at $20 a share. Not long after the share price rose I bought more. I have ridden the trend from those original purchases, buying more and selling (last in first out).
Currently, I am reluctant to sell my holding (the original purchases in the $20 - $25 range). Partly because I don't want to share a profit with the ATO. But also I have confidence that the slow down in profitability over the last 18 months is temporary while expanding into France and not a structural change.
I will be looking closely at the results that are about to be released. I do not want to share a profit with the ATO so I am hoping the results are OK.
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Last
$46.90 |
Change
0.480(1.03%) |
Mkt cap ! $10.66B |
Open | High | Low | Value | Volume |
$46.73 | $47.12 | $46.56 | $7.680M | 163.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 252 | $46.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$46.90 | 93 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 640 | 46.870 |
10 | 198 | 46.860 |
6 | 450 | 46.850 |
3 | 99 | 46.840 |
5 | 146 | 46.830 |
Price($) | Vol. | No. |
---|---|---|
46.890 | 529 | 11 |
46.900 | 303 | 8 |
46.910 | 526 | 9 |
46.920 | 188 | 7 |
46.930 | 438 | 4 |
Last trade - 12.59pm 04/07/2024 (20 minute delay) ? |
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RHC (ASX) Chart |