RAD is part and parcel of the business. This is not a set back or liability, it is just the way it is. Assets do appreciate in value. Current retracement is due to traders shorting the share and stop loss. Over time this has to be covered. Dividend is the key to the whole thing. If REG continues with what it is doing. paying the dividends regularly and reinvesting the balance, it is automatically storing wealth. The share remains cheap and sooner or later fund managers will get into it again. Healthcare is a growth industry, whether the economy is good or bad, the business continues.
bottom shape & broker upgraded to Buy, TP=$5.82, page-13
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Last
$6.70 |
Change
0.260(4.04%) |
Mkt cap ! $1.755B | |||
| Open | High | Low | Value | Volume |
| $6.49 | $6.81 | $6.48 | $4.017M | 598.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4399 | $6.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.72 | 2498 | 2 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| REG (ASX) Chart |
