The private hospital industry is going through a long term boom. Underpinned by a strong private health insurance market with 47% participation rate.
I would only start shorting RHC if there was going to a dramtic downward trend in private health insurance of over 65 year olds.
Also governments arestruggling to put capital into public hospitals hence the rise of PPPs.
RHC seem to be doing well in UK and France.
The private hospital industry is going through a long term boom....
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Last
$39.84 |
Change
0.030(0.08%) |
Mkt cap ! $9.153B | |||
| Open | High | Low | Value | Volume |
| $39.67 | $40.34 | $39.63 | $26.08M | 635.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35 | $39.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.91 | 1725 | 2 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RHC (ASX) Chart |