The market doesnt know what a good thing is anymore.
This was a good result. Revenue up 16%, Net Profit up +9%(above consensus), Paying a dividend.
Of course margins are going to be Squeezed in a high inflation environment, what do people expect.
The effects of GLP-1 on Sales are pure speculation and coming from the mouths of shorters and fear-mongers. With another quarter of revenue growth, this fact will be realised by the market and the SP will head north of $30 once again.
Time to buy some more RMD.
All IMO DYOR
The market doesnt know what a good thing is anymore. This was a...
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Last
$32.34 |
Change
0.140(0.43%) |
Mkt cap ! $20.63B | |||
| Open | High | Low | Value | Volume |
| $32.65 | $32.71 | $32.34 | $115.8M | 3.560M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9191 | $32.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.41 | 667 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$32.40 |
Change
0.140 ( 0.88 %) |
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| Open | High | Low | Volume | ||
| $32.65 | $32.70 | $32.40 | 305588 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| RMD (ASX) Chart |