Well actually it does because, I'm not sure if you know this, but if you buy at a cheaper price, you receive more shares for the money you've allocated to that purchase. Therefore when/if a buyout occurs, you end up with "20 - 50" times the amount you purchased.
Thanks for the tip though.
RAC - Charts & Price Action, page-4494
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Last
$1.94 |
Change
0.055(2.92%) |
Mkt cap ! $330.4M | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.96 | $1.85 | $333.0K | 174.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3105 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 7574 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |