At the moment a 5c movement in share price in one day wipes off $10m in market cap.
The volume of shares traded is 0.05% of SOI so 99.95% are resisting a sell down.
To put into perspective, 100,000 traded at $1.60 returns $160,000 to exiting shareholders. MC drops by $10m!
Just an observation.
RAC - Charts & Price Action, page-15616
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Last
$1.63 |
Change
0.000(0.00%) |
Mkt cap ! $276.9M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.64 | $1.62 | $56.91K | 35.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4461 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.66 | 4075 | 1 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| RAC (ASX) Chart |