Massive rerates do happen for undervalued small cap stocks when you least expect it. Just take a look at LME’s 305% one day pop due to an unexpected takeover announced last Friday.
Just because the market doesn’t see your value, doesn’t mean someone else ( more informed and with a better financial position) doesn’t.
RAC - RitzyBusiness' Investment Case - 8 June 2023, page-6
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Last
$1.91 |
Change
0.025(1.33%) |
Mkt cap ! $317.6M | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.93 | $1.85 | $166.3K | 88.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2049 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 200 | 1 |
View Market Depth
| Last trade - 13.04pm 12/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |