JDP I reckon you're pretty on the ball with most things, but one thing I don't get is how you believe there was a near-term sale being planned by JC/DCB etc. Surely if the market had any sniff that a near-term transaction was in the wings, we wouldn't have experienced the collapse in price that we did under DCB's reign... I would in fact have expected a rally instead as people tried to front-run it.
Or do you think there was a concerted push to inflict maximum damage on the share price and then try to flog RAC off for a buck a share? If so, to what end? JC might have been happy with his $8 mill out of this (plus a few million in transaction fees), but I couldn't see enough other shareholders on-board for this to actually get over the line, and JC would surely have known this.
Could you please elaborate on your theory?
PS. I reckon the 12 months would technically be up on the 13th September 2024.
RAC - Charts & Price Action, page-19522
-
- There are more pages in this discussion • 2,203 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.72 |
Change
-0.010(0.58%) |
Mkt cap ! $292.1M | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.77 | $1.72 | $112.3K | 64.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2227 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 100 | 1 |
View Market Depth
| Last trade - 13.24pm 23/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |