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
$42.43 |
Change
-0.270(0.63%) |
Mkt cap ! $9.769B | |||
| Open | High | Low | Value | Volume |
| $42.39 | $42.76 | $42.26 | $18.50M | 435.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 13691 | $42.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.61 | 1982 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RHC (ASX) Chart |