Yes, don't get me wrong: RWC is a well run company that innovates in a highly technical, specialised space. An advantage is high barriers to entry, although do nations like mainland China slavishly copy designs even if patent protected?
Agree too many have myopic vision. I am not immune.
Although under acquirer Macquarie previously listed Bingo Industries (BIN) has had a financially rough time, I would have preferred to retain that scrip. BIN's scale is challenging to replicate.
UMG has been a poor performer and I profitably sold months ago due to a perception of a below average Board and management, but it has innovated, yet is another set to be swallowed by foreigners.
I too accumulated a few more RWC.
Companies moving off the boards and new ones joining are an ASX constant. It can seem 'wheat' is departing while on occasion 'chaff' joins, a la Matthew 3:12.
Yes, don't get me wrong: RWC is a well run company that...
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Last
$4.38 |
Change
-0.010(0.23%) |
Mkt cap ! $3.439B | |||
| Open | High | Low | Value | Volume |
| $4.39 | $4.42 | $4.37 | $4.830M | 1.100M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19446 | $4.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.39 | 9864 | 1 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| RWC (ASX) Chart |