REH 2.78% $24.38 reece limited

Ann: Acquisition of Morsco and Capital Raising Presentation, page-55

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  1. 1,782 Posts.
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    I was wondering if you would be commenting on this development for REH.

    One of the things I can help worrying about, as mentioned earlier, is whether or not recent sales growth is simply a catch-up from a dearth of residential building and renovations in the years after the GFC and the PE owners are selling after finding someone prepared to capitalise this recent growth in earnings into a purchase price.

    I note one of PM Capital's investing themes in their international fund (PGF) of late has been the recovery of US home building.
 
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Last
$24.38
Change
0.660(2.78%)
Mkt cap ! $18.39B
Open High Low Value Volume
$24.09 $24.38 $23.83 $11.28M 464.6K

Buyers (Bids)

No. Vol. Price($)
4 11498 $24.37
 

Sellers (Offers)

Price($) Vol. No.
$24.43 1975 3
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