Good pick up. I can only assume that Daniel must have initiated the cashless conversion a couple of weeks ago when the price was higher and it's taken that time to process everything, lodge the paperwork and issue the shares.
Good timing from him I guess, though not as good as if he'd done it a couple of weeks earlier and converted at ~$2.80.
Anyway, we all benefit from him doing the cashless conversion as it means ~200k less shares on issue and hopefully a similar total purchased by him on market eventually and effectively remove from the float when all is said and done.
Ann: Change in substantial holding, page-18
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Last
$1.54 |
Change
-0.015(0.97%) |
Mkt cap ! $261.5M | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.55 | $1.50 | $111.4K | 73.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 1400 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |