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Share
13/09/07
00:25
Share
RHG clearly is suffering. But will RHG be like QBE in September 2001 when it fell into freefall below $2.00 a share and is today $30+ a share?
If you have a penchant for risk, I'd be getting into RHG anywhere below 80c or even $1.00.
If RHG survives the next year, then yes, its worth far more than $1.00 a share.
But don't put any $ into RHG that you aren't prepared to lose.
Usually shares are rated Low Risk, Moderate Risk, High Risk and Very High Risk.
I don't think Very High Risk fully describes the risk of this company.
Extremely High Risk but the possibility of having very high returns so, you guys with a penchant for the risky, you'd be looking at getting into it.
The fund managers have been bailing I notice, that's not a good sign - probably far to risk for their fund rules so sold up.
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