Maybe it's Shaw's and they've played it perfect to get BG a higher price.
if the "sandbags" are RAC BB strategy then it seems counter productive moving them lower. The whole point of the buy back was to stop SP declining wasn't it? Unless they only want to pay around $2.
RAC - Charts & Price Action, page-13085
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Last
$1.68 |
Change
0.020(1.20%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.68 | $1.61 | $177.8K | 108.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1100 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 4999 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RAC (ASX) Chart |