Yes Speves IMO you are on the right track. As you say as market heads up, money goes out of defensive into growth stocks, and this has been happening with RHC. I sold some a month ago @ 11.77 and rebought confidently on wednesday @ 10.56. I'm happy as it is on an estimated PE of 12.5 for 2010 and 10.9 the next year. Good luck.
retrace trading opportunity, page-2
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 (20min delay)
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Last
$47.49 |
Change
0.490(1.04%) |
Mkt cap ! $10.91B | |||
| Open | High | Low | Value | Volume |
| $47.00 | $47.68 | $47.00 | $17.53M | 369.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 244 | $47.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $47.50 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RHC (ASX) Chart |