RHC ramsay health care limited

Actually I can not thank you enough for your highly detailed and...

  1. 3,364 Posts.
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    Actually I can not thank you enough for your highly detailed and thorough response.

    I said I would mention the reasons for my interest ...
    1. As a hosital patient and 2. As an investor and trader (ideally trading 25% of a holding)

    1. As a patient in intensive care at the turn of the current century, I am thankful for the skilled care and attention.
    I understand that the hospital in question was originally built by the Japanese as a luxury destination for overseas patients.
    A relative currently works there providing high standard care, now mostly for Australians, since the Japanese Yen weakened.
    Given the last rites by my pastor in 2008, I am surprised and happy to still be around

    2. My study of the fundamentals is limited to a realisation that the health system has a high recession proof demand.
    Especially from the wealthy elderly flocking to the Gold Coast with their Melbourne and Sydney property proceeds
    On the technical front I note the lengthy share price consolidation.
    I will be studying their assets outside Queensland.

    Living in a state that is importing the elderly makes this location an interesting study.
    I expect a managerial shakeup, and widespread reforms in the health system.
    Private facilities are being opened for public patients I believe.

    All in all an interesting setting for your Wave Analysis which I find most encouraging.

    My own simpler charts (not using Wave Skills) are in progress
    Thank you so much for your charts and commentary.

 
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(20min delay)
Last
$39.30
Change
0.620(1.60%)
Mkt cap ! $9.071B
Open High Low Value Volume
$38.95 $39.31 $38.71 $13.89M 354.3K

Buyers (Bids)

No. Vol. Price($)
1 1999 $39.30
 

Sellers (Offers)

Price($) Vol. No.
$39.32 300 1
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Last trade - 16.10pm 04/07/2025 (20 minute delay) ?
RHC (ASX) Chart
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