Please consider that even if they put in $20k at those prices (a significant sum for most), that would have only net them 5,000 shares and a paltry 250 $0.75 options. I can understand why people may not bother with the admin of buying and selling shares for the sake of a couple hundred bucks.
I would not be surprised if there are many other shareholders in a similar position (i.e. underwater with rather low option holdings).
Ann: Application for quotation of securities - RAC, page-74
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Last
$1.77 |
Change
0.015(0.86%) |
Mkt cap ! $300.6M | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.82 | $1.77 | $91.78K | 51.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31147 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 8318 | 1 |
View Market Depth
| Last trade - 15.59pm 10/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |