Reece have a very clear monopoly on plumbing supplies in Australia, no question about it.
The share price has done nothing but climb steadily for over 20 years with some very healthy splits along the way, then climb again and repeat. I don’t see any “artificial ballooning past sane metrics”, I just see more consistent, steady and solid upwards movement. It’s clear as day in the chart, nothing untoward or even slightly inconsistent.....just another decade of predictable movement.
How have they given “false hope to gullible shareholders?”. They don’t need to give hope to anyone, the proof is in the previous decades of rock solid price performance and any reh shareholder knows this all too well.
There appears to be no real substance to your outlandish and seemingly unfounded statements when one considers reh past and current performance. The morsco deal barely shows on the chart, and now the price is back to doing what it has always done.....rising steadily. “Enough is enough, we want answers”??????? Who is asking for any answers? Reh have only given shareholders tremendous wealth for over 2 decades. I don’t need answers; if any other holders need any answers, let us know.
All imho and maybe you know something myself and others don’t, but time will tell of course.
GLTAH......not that we need it
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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. |
---|---|---|
$24.43 | 1975 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 130 | 9.810 |
2 | 2179 | 9.760 |
3 | 1502 | 9.750 |
2 | 1300 | 9.740 |
2 | 1944 | 9.730 |
Price($) | Vol. | No. |
---|---|---|
9.820 | 43 | 1 |
9.830 | 1205 | 2 |
9.840 | 2507 | 4 |
9.850 | 334 | 2 |
9.860 | 335 | 2 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
REH (ASX) Chart |