The truth is Bots only ever attack a stock that they know is heading north , this is in combination with short term traders that got the fear of god having to stick with this one for 24-36 months before trials are complete , probably bad wording by RAC imo.
Things will settle down in the next week or so but it will be up to RAC to give a small offer of hope or we may see a slide back to 3 bucks if there is no news imo. Some say its a good thing so we can all buy a few extra shares etc but imo there is no better stock than one that goes north continually , a large retrace is generally bad news which causes a larger sell off.
RAC - Charts & Price Action, page-4931
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Last
$2.02 |
Change
0.010(0.50%) |
Mkt cap ! $343.9M | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.09 | $1.92 | $768.4K | 380.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 484 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.02 | 3251 | 2 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| RAC (ASX) Chart |