Plot twist, he's dumping his shares slowly to accumulate capital so he can do a massive buy back in at a lower price - more shares for the same amount of money haha.
Personally I think he was doing it to spite the company and holders. Management obviously didn't like his strategy, or he may had been offended they changed the direction so he's selling. Also, RAC is still a speccy, so he also might just want to minimise exposure / risk.
- Forums
- ASX - By Stock
- RAC
- RAC - Charts & Price Action
RAC - Charts & Price Action, page-12655
-
-
- There are more pages in this discussion • 9,305 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAC (ASX) to my watchlist
|
|||||
Last
$1.57 |
Change
0.010(0.64%) |
Mkt cap ! $267.5M |
Open | High | Low | Value | Volume |
$1.58 | $1.64 | $1.55 | $134.0K | 84.34K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6283 | $1.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.60 | 6559 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6283 | 1.570 |
1 | 3664 | 1.550 |
1 | 1992 | 1.530 |
3 | 32500 | 1.500 |
2 | 3444 | 1.440 |
Price($) | Vol. | No. |
---|---|---|
1.600 | 6559 | 2 |
1.635 | 1270 | 1 |
1.640 | 3000 | 1 |
1.645 | 10000 | 1 |
1.650 | 9735 | 2 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
RAC (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online