Its good to see options being converted, but its worthwhile monitoring the take-up (circa only 143k) against the required average convesions (314k) over the 6-month period. As such over the last three reporting periods, there is a cumulative conversion deficit of ~513k options, or approx 1.64 period lag...
The company needs to get Automic to sort its self out and also get on the phone to speak with holders who are sitting on the fence (imo).
Ann: Notification regarding unquoted securities - RAC, page-6
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Last
$1.63 |
Change
-0.115(6.59%) |
Mkt cap ! $285.2M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.78 | $1.63 | $181.0K | 106.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1288 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 1400 | 1 |
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| Last trade - 14.27pm 03/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |