More than a million shares changed hands today.
However you are otherwise correct: the three branches of the Wilson family have not sold a single share since they gained control in 1969.
No doubt as @madamswer remarked, the earnings multiple is extremely high and not justified on traditional metrics but we pay a premium for quality management. That said, not so long ago the REH SP fell several dollars for a while before recovering, so the SP is not fixed in stone.
Ann: FY24 Investor Presentation, page-21
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Last
$27.58 |
Change
-0.115(0.42%) |
Mkt cap ! $17.84B | |||
| Open | High | Low | Value | Volume |
| $27.84 | $27.95 | $27.51 | $1.486M | 53.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 116 | $27.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.58 | 155 | 7 |
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| Last trade - 13.02pm 03/10/2024 (20 minute delay) ? |
| REH (ASX) Chart |