They need to sell off the French network and pay down debt, the UK is ok to hold but selling that too also a good move. France is the drag and lack of growth etc.
Private equity had a look, these clowns stuffed that to save jobs for themselves..... It's a great business, needs a new MD and management and get back to it's roots here in Oz.
RHC has to be good value around here and i have added, average now $50.28 and i feel sell France and it will be back mid $60s range
RHC chart, page-35
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Last
$38.43 |
Change
-0.290(0.75%) |
Mkt cap ! $8.848B | |||
| Open | High | Low | Value | Volume |
| $38.62 | $38.95 | $38.38 | $14.29M | 370.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1442 | $38.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.61 | 584 | 1 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| RHC (ASX) Chart |