RHP 0.85% $1.76 rhipe limited

Ann: Business Presentation & Q3 Trading Update-RHP.AX, page-6

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  1. 8,420 Posts.
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    Bought some RHP today after it popped up on my stock screen.

    I see the gap down earlier this month looks like it was on the news of the sale of their LVT stake - it seems as if the market thought that was a bad thing, but having a brief look at LVT my view is its a positive for RHP to strengthen the balance sheet while they continue to grow the business.

    Cheers, Sharks.
 
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