RAC - Charts & Price Action, page-12903

RAC buyback Tuesday 5/7 (9th day)

5 days vwap (28/6- 4/7) is $2.042

Today ===> RAC can buy on the market upto $2.042 + 5% = $2.144 per share.

Max buyback Today is $2.144 increased + 2.3% from yesterday ($2.095).

Today max buyback increased +26%
From 1st Day (23/6) = $1.705
to 9th Day (5/7) = $2.144

Shareprice increased 26.5%
From 22/6 = $1.66
To 4/7 = $2.10

Today if buyback happens ===>
possible price range: $2.042 - $2.144

Note: - Rough Estimate BG shares less than 2.7m(Sourced from Wombat 2.9m at 22/6).