Thanks for your input. I appreciated reviewing your analysis. It was information I already knew, but seeing the analysis reinforced the message.
Maybe I should have added a bit of explanation with my input. I was merely saying don't forget super funds and those on lower marginal tax rates because they run geared portfolios.
I first looked at RHC when they were $10 a share. I refused to buy because they had risen from $1 a share and were on a high PE. About a year later and against my best judgement, I reluctantly bought a small parcel at $20 a share. Not long after the share price rose I bought more. I have ridden the trend from those original purchases, buying more and selling (last in first out).
Currently, I am reluctant to sell my holding (the original purchases in the $20 - $25 range). Partly because I don't want to share a profit with the ATO. But also I have confidence that the slow down in profitability over the last 18 months is temporary while expanding into France and not a structural change.
I will be looking closely at the results that are about to be released. I do not want to share a profit with the ATO so I am hoping the results are OK.
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Last
$46.97 |
Change
0.110(0.23%) |
Mkt cap ! $10.79B |
Open | High | Low | Value | Volume |
$47.07 | $47.44 | $46.85 | $17.96M | 382.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1498 | $46.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$47.05 | 632 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 208 | 49.310 |
1 | 4 | 47.950 |
3 | 128 | 46.970 |
1 | 6 | 46.850 |
1 | 18 | 46.710 |
Price($) | Vol. | No. |
---|---|---|
44.630 | 508 | 3 |
45.300 | 89 | 3 |
46.500 | 3 | 1 |
46.700 | 1 | 1 |
46.950 | 249 | 1 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
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