Well who knows how much more he intends to buy if he was keeping his $600k in the bank just to save $18,000 and buy $18,000 worth of shares he was better of buying the shares when it was at $.70c he would of more than doubled the $18,000 already and have an extra 25,000 shares instead of buying much higher than it is now so he would also have more than doubled his shares and the $600,000 will be sitting in the RAC account now.
But that's how it goes I guess sometimes you just don't know when people will start buying in and rising the SP as it did last month or so.
I definitely would be doing the same if I was DR T as it is a very large amount and it's not like he doesn't hold a truck load,
but it would still of been a good decision at the end of the day if he converted early too.
Well who knows how much more he intends to buy if he was keeping...
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Last
$1.19 |
Change
-0.030(2.46%) |
Mkt cap ! $197.8M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.24 | $1.17 | $25.43K | 21.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 700 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 2856 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.19 |
Change
-0.030 ( 1.25 %) |
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| Open | High | Low | Volume | ||
| $1.18 | $1.24 | $1.18 | 8334 | ||
| Last updated 15.37pm 06/05/2024 ? | |||||
| RAC (ASX) Chart |