The problem is valuation. REH SP has tripled in price over the last year or so and net profit has increased by 25%. I don't follow QAN, but generally a rise on bad results are because the results are less bad than expected by the market.
Ann: FY21 Annual Report, page-21
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Last
$24.31 |
Change
-0.190(0.78%) |
Mkt cap ! $15.70B | |||
| Open | High | Low | Value | Volume |
| $24.48 | $24.48 | $24.14 | $5.331M | 219.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4383 | $24.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.34 | 1247 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| REH (ASX) Chart |