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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I'd sometimes call 'Mr Market' irrational but maybe...
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Last
$25.37 |
Change
0.050(0.20%) |
Mkt cap ! $16.38B |
Open | High | Low | Value | Volume |
$24.84 | $25.37 | $24.73 | $12.61M | 500.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1208 | $25.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$25.37 | 1379 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1208 | 25.360 |
2 | 3067 | 25.350 |
1 | 2142 | 25.330 |
1 | 552 | 25.310 |
1 | 1351 | 25.300 |
Price($) | Vol. | No. |
---|---|---|
25.370 | 958 | 1 |
25.390 | 1986 | 3 |
25.420 | 1099 | 1 |
25.440 | 1099 | 1 |
25.450 | 2472 | 1 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
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