How much cheaper will it get ?
Seems oversold but what do I know ?
Down 20% in a few months
The chart is a horror show - on the way to break $50
Yet it went from $11 in 2010 to $80 in 2016 - a CAGR of 39% in 6 years - a hyperbolic tearaway
Now at about$50 in 2018 it is a CAGR of 21% over 8 years
Market Gravity has reasserted itself
Lets hope it shows a bottoming consolidation around $50
But that could be my wishful thinking
Might still be bad news in there somewhere that the lumpen investors like us don't know about yet.
So much for continuous disclosure.
I guess we will have to wait until the annual financial report in September with writedowns I suppose
The private hospital business model in Australia seems challenged when privately insured patients prefer the public system
How much cheaper will it get ? Seems oversold but what do I know...
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Last
$47.49 |
Change
0.490(1.04%) |
Mkt cap ! $10.91B | |||
| Open | High | Low | Value | Volume |
| $47.00 | $47.68 | $47.00 | $17.53M | 369.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 244 | $47.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $47.50 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RHC (ASX) Chart |