Unfortunately, this is not a happy result. The company was priced like a growth stock, but earnings have declined for the half year. And PAT downgrade on expectations looks to be some 10%.
I like the company's products but a reset (i.e. lower) on the multiples it trades was in order given these results.
I also used to be a holder but sold not long ago. I will watch, but wouldn't be diving in.
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RWC
reliance worldwide corporation limited
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0.23%
!
$4.32

Unfortunately, this is not a happy result. The company was...
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Last
$4.32 |
Change
0.010(0.23%) |
Mkt cap ! $3.337B |
Open | High | Low | Value | Volume |
$4.29 | $4.33 | $4.28 | $1.036M | 240.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 15406 | $4.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.33 | 18511 | 42 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 15642 | 4.320 |
17 | 19589 | 4.310 |
19 | 33610 | 4.300 |
15 | 43677 | 4.290 |
15 | 17610 | 4.280 |
Price($) | Vol. | No. |
---|---|---|
4.330 | 18620 | 41 |
4.340 | 30912 | 25 |
4.350 | 46147 | 20 |
4.360 | 136693 | 15 |
4.370 | 9145 | 8 |
Last trade - 13.19pm 30/07/2025 (20 minute delay) ? |
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RWC (ASX) Chart |