I think anything with a high PE, a perception of high debt and some "potentially negative" news (like MPL's statement about their lower costs due to lower Hospital Utilisation levels and Gov rumblings about keeping health cost growth down) is getting hit hard by the market.
It doesn't seem matter that these are short term factors, that they have great tailwinds for future growth, quality management and an amazing history of performance. :-(
I think anything with a high PE, a perception of high debt and...
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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 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RHC (ASX) Chart |