I feel those that are most frustrated are shareholders that participated in the SPP and have seen their investment halve - i am one of those.
If the SP was sitting north of $6 i believe SH's could see progress and would not be so impatient/nervous with their investment in RAC and holding rather than selling.
I am obviously disappointed where the SP is sitting but have taken the opportunity to average down, buying shares at $1.20 and another 10,000 shares on Monday at $1,55.
I feel that when the strategic update is released to the market the SP will be well north of $1,50.
Looking forward to the strategic update.
General Comments / Chat, page-8421
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Last
$1.55 |
Change
-0.070(4.32%) |
Mkt cap ! $264.0M | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.65 | $1.54 | $145.6K | 91.60K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5700 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 296 | 1 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |