How to buy Reef Casino Trust (RCT) shares

Learn how to easily invest in Reef Casino Trust shares.

Reef Casino Trust
AU: RCT - AUD
RESORTS & CASINOS
A$2.60
+A$0.11 (+4.42%)

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Reef Casino Trust is a resorts & casinos business based in Australia. Reef Casino Trust shares (RCT) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Reef Casino Trust has a trailing 12-month revenue of around $15.7 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Reef Casino Trust

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Reef Casino Trust. Find the share by name or ticker symbol: RCT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Reef Casino Trust reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Reef Casino Trust. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Reef Casino Trust stock price (ASX:RCT)

Use our graph to track the performance of RCT stocks over time.

Reef Casino Trust shares at a glance

Information last updated 2021-07-31.
52-week range$1.6082 - $2.6195
50-day moving average $2.4631
200-day moving average $2.4169
Target price$4.35
PE ratio N/A
Dividend yield $0.098 (3.77%)
Earnings per share (TTM) $0.134

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
AUD $5
No
ASX shares, US shares, ETFs
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
CMC Markets Stockbroking
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
Bell Direct Share Trading
Finder AwardExclusive
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
Saxo Capital Markets (Classic account)
AUD $6.99
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Acess 19,000+ stocks on 37 exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
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Is it a good time to buy Reef Casino Trust stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Reef Casino Trust price performance over time

Historical closes compared with the last close of A$2.35

1 month (2021-07-02) -2.49%
3 months (2021-04-30) -6.00%

Is Reef Casino Trust under- or over-valued?

Valuing Reef Casino Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Reef Casino Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Reef Casino Trust's EBITDA

Reef Casino Trust's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $8.7 million.

The EBITDA is a measure of a Reef Casino Trust's overall financial performance and is widely used to measure a its profitability.

Reef Casino Trust financials

Revenue TTM $15.7 million
Operating margin TTM 32.23%
Gross profit TTM $13.8 million
Return on assets TTM 3.13%
Return on equity TTM -2.04%
Profit margin -1.33%
Book value 0.354
Market capitalisation $132 million

TTM: trailing 12 months

Reef Casino Trust share dividends

23%

Dividend payout ratio: 23.2% of net profits

Recently Reef Casino Trust has paid out, on average, around 23.2% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 8.23% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Reef Casino Trust shareholders could enjoy a 8.23% return on their shares, in the form of dividend payments. In Reef Casino Trust's case, that would currently equate to about A$0.098 per share.

While Reef Casino Trust's payout ratio might seem low, this can signify that Reef Casino Trust is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 28 June 2021 (the "ex-dividend date").

Have Reef Casino Trust's shares ever split?

Reef Casino Trust's shares were split on a 1:20 basis on 4 September 2001. So if you had owned 20 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Reef Casino Trust shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for Reef Casino Trust shares which in turn could have impacted Reef Casino Trust's share price.

Reef Casino Trust share price volatility

Over the last 12 months, Reef Casino Trust's shares have ranged in value from as little as $1.6082 up to $2.6195. A popular way to gauge a stock's volatility is its "beta".

RCT.AU volatility(beta: 1.18)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Reef Casino Trust's is 1.181. This would suggest that Reef Casino Trust's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Reef Casino Trust overview

Reef Casino Trust owns and leases the Reef Hotel Casino complex located in Cairns, North Queensland, Australia. The company was founded in 1993 and is based in Brisbane, Australia. Reef Casino Trust is a subsidiary of Reef Casino Investments Pty Ltd.

Reef Casino Trust in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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