We are at the same share price we were 3 months ago. The share register has gone from 1500 holders to 9000 , rough figures from memory. That tells you 2 things, lots of demand from new holders getting in. And at the same time lots of selling from the big holders / ex management / little to no cost option converters.
In that 3 months the company has improved it's position and progression markedly with lots of ripper announcements.
Conclusion, share price in a holding pattern until big holders are no longer big holders.
RAC - Charts & Price Action, page-5866
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Last
$1.67 |
Change
-0.030(1.76%) |
Mkt cap ! $283.7M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.70 | $1.66 | $65.27K | 38.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2200 | $1.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 400 | 1 |
View Market Depth
| Last trade - 14.34pm 17/09/2024 (20 minute delay) ? |
| RAC (ASX) Chart |