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
$1.61 |
Change
-0.055(3.31%) |
Mkt cap ! $273.4M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.68 | $1.61 | $271.5K | 166.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1996 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 1305 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |