Reach Plc Share Price (RCH)

Nice cup and handle forming along with a potential Golden cross, the 50dma just kissing the 200dma.

Welcome Trust increased holdings in Rch so that's positive and after the dividend cut off time.

Such an impressive re-rate can't hurt the sector. Future definitely had overlapping challenges, like social media algos working against external media and explosion of competing content now any idiot can churn out endless articles with AI, so if market can look past that it's encouraging for Reach. On the other hand Future do have fingers in other pies like insurance comparison, whereas Reach traditional media only, so who knows.

Are Reach going to copy Future and pull a rabbit out of the hat?

Judging by the fall today, the market may think this might turn out be the last dividend for a while!

Wonder what happens now until trading updates arrive? The market gets nervous and bored very quickly.

I don't know what to think as I just trade it when lucky and bite my finger nails while holding it. Used to be a long term investor in Johnston Press, all the way to zero, so have a bit of a newspaper investment phobia.