RHP 1.16% $1.74 rhipe limited

Very odd announcement. High recurring cash inflow, very liquid...

  1. 645 Posts.
    lightbulb Created with Sketch. 217
    Very odd announcement. High recurring cash inflow, very liquid and a strong balance sheet. This business should be relatively defensive and while I’d expect growth rates to slow vs pre CV, stopping the dividend seems a bit extreme.

    I’ve exited my position on risk management grounds. Really like this business but in this environment preservation of capital is important. I’ll probably own this again and for long term holders I don’t see any issue, but short term I can see this coming under some pressure
 
watchlist Created with Sketch. Add RHP (ASX) to my watchlist
(20min delay)
Last
$1.74
Change
0.020(1.16%)
Mkt cap ! $243.8M
Open High Low Value Volume
$1.78 $1.79 $1.72 $149.8K 85.39K

Buyers (Bids)

No. Vol. Price($)
2 13800 $1.72
 

Sellers (Offers)

Price($) Vol. No.
$1.78 3000 1
View Market Depth
Last trade - 15.59pm 06/04/2020 (20 minute delay) ?
(live)
Last
$1.74
  Change
0.020 ( 2.65 %)
Open High Low Volume
$1.75 $1.75 $1.73 87
Last updated 11.23am 06/04/2020 (live) ?
RHP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.