Not very long until option expiry date. Potentially $31,000,000 in potential funds down the drain for RAC and also potential gains for shareholders.
Last 12 months, despite the announcements has seen an unflattering price chart that doesn't reflect the 'potential' of this company.
Personally I expected the $4.00 glass ceiling to have been broken by now, but it isn't going to happen and those options will expire as worthless. Not a great look for RAC, considering the steady stream of selling by some.
Good luck to all long term holders.
Ann: Bonus Issue of Options - Letter to Eligible Shareholders, page-19
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Last
$1.41 |
Change
0.040(2.93%) |
Mkt cap ! $245.3M | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.50 | $1.35 | $167.2K | 118.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3547 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 2072 | 1 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |