Something seems to have gone wrong with several funds since 14 May, including RPL and all the listed RPL funds particularly RF1, and also some non-RPL funds.
XJO bottomed on 7 April. RPL bottomed a few days later on 11 April. Both have been climbing steadily since, but only until 14 May. Since then, the XJO (particularly CBA) has continued on its merry ascent but RPL has been falling backwards and RF1 has been plummeting.
Surely RPL should have at least been keeping pace with the XJO since RPL's extreme low? Is there another OPT disaster lurking in the bushes? What started to happen on 14 May that mere mortals are not yet aware of? Maybe they have been shorting CBA again. Don't they ever learn?
I am beginning to think that just trading the indices is less risky than trading RPL and its progeny. RPL and RF1 used to be high flyers but they seem to be turning into really sick animals.
RPL Price at posting:
$2.15 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)