Hey there, I have a $60K holding with RTE. You can't go wrong with dividend paying companies. With the looming recession, most non profitable companies who aren't able to stand on their own feet will be the first to get slaughtered. Many people will be looking to adjust their portfolios to profitable companies.
Yes, i agree with some of the comments below. It is just how this company is perceived in the market. Most retail investors on the asx are just bored pathetic, degenerate gamblers looking for the next get rich quick 20x return investment.
RTE Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
