I'd sometimes call 'Mr Market' irrational but maybe 'incomprehensible' is preferable.
It likes to look forward but sometimes positive news is quickly dismissed and as you say, a share price declines.
Do we expect REH to have to face intermittent closures of its USA stores, or lockdowns in Victoria/Queensland/Western Australia, in two years' time? These acted as a brake on net profit that nonetheless rose by many times CPI as noted above.
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Last
$26.73 |
Change
-0.200(0.74%) |
Mkt cap ! $17.26B |
Open | High | Low | Value | Volume |
$26.82 | $26.98 | $26.65 | $9.947M | 371.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1030 | $26.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$26.81 | 200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1030 | 26.720 |
1 | 1030 | 26.700 |
1 | 803 | 26.690 |
2 | 3349 | 26.670 |
1 | 114 | 26.650 |
Price($) | Vol. | No. |
---|---|---|
26.890 | 1030 | 1 |
26.900 | 9 | 1 |
26.910 | 1851 | 3 |
26.930 | 1030 | 1 |
26.940 | 2350 | 1 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
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