I think it is impossible to predict where RHC will trade in the short term. It could well go lower from here or go back up - toss a coin and guess. However, I think overall this is a sound company that is a little on the nose right now. I have found buying a portfolio of sound/good quality when they are unpopular has been a strategy that has produced satisfactory results. Having said that, RHC is one of about 30 holdings for me, so I can afford to have the price run down and not be overly worried. For those running a more concentrated portfolio or those who worry more about share price falls, perhaps RHC is not the best investment. I genuinely think for many people a good index fund is not a bad bet - particularly if you are just starting out and have a smaller amount to invest.
I think it is impossible to predict where RHC will trade in the...
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Last
$47.00 |
Change
-0.030(0.06%) |
Mkt cap ! $10.79B | |||
| Open | High | Low | Value | Volume |
| $46.77 | $47.15 | $46.57 | $11.00M | 234.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 397 | $47.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $47.01 | 116 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RHC (ASX) Chart |