I think the share price has fallen cause of collective memory there was a decent takeover offer far above. I personally ascribe to the view a lot of asset values are determined by psychopathy and if you've been around fault finders they'll never forget such, never stop lamenting such, lol.
They'll see they have to face at least some poor personal responsibility albeit their so far clairvoyant short position, if they ever have to cover shorts on an 8% up day.
That day just hasn't come yet. Recent tape would make you think the stock market would double and RHC would only rise 22%, and if the index fell 50% RHC would fall 90%. But that pattern only works short, intermediate term and will be faded at some point.
I'm personally just disappointed I think they should see if the woman leading AMP would jump on the board as non-exec director. Rather than just the stench of Woolworths goons..
RHC Price at posting:
$38.34 Sentiment: None Disclosure: Held
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