They're probably close, if not already, now free carrying RAC. I'd imagine they would had made back their initial investment. From memory (could be wrong), their investments were $1.8m + $1m. They've sold circa $2.9m so may offload a little more to cover 30% corporate tax rate, unless they have some other investments that will offset the capital gain....?
Ann: Change in substantial holding, page-25
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Last
$1.53 |
Change
-0.060(3.79%) |
Mkt cap ! $259.9M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.56 | $1.53 | $130.2K | 84.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4993 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 10451 | 1 |
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| RAC (ASX) Chart |