RHP 1.16% $1.74 rhipe limited

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

  1. 645 Posts.
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    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
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