"To me, 30x PE ratio is factoring in that sort of massive growth. To me, the risks are that it doesn't hit those earnings growth levels and you've got to wait a long time to get your money back."
You are probably right. It is not cheap at all.
Trouble is, I'm fortunate enough to have owned it for some years, so if I sell it, I owe the tax office a quite meaningful slug of the total capital I have invested in the stock.
Quality problem to have, but it means I feel kind of stuck in the stock, although I thought it was expensive two years ago but didn't sell because I felt stuck back then, too.
Clearly, "being stuck" has itself been an unintended financial free kick.
I'm not sure how I ever get out of the stock, though.
Right now I'm just closing my eyes and trusting that they'll just keep on keeping on.
"To me, 30x PE ratio is factoring in that sort of massive...
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Last
$42.67 |
Change
-0.020(0.05%) |
Mkt cap ! $9.824B | |||
| Open | High | Low | Value | Volume |
| $42.58 | $42.92 | $42.53 | $11.49M | 269.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14 | $42.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.67 | 1763 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| RHC (ASX) Chart |