Funds will never have an over allocation to a single company as their risk managment stops them. Hence as RAC increases in value fundies holding RAC will reduce exposure to remain within tollerances. Likewise funds that dont hold RAC will accumulate at various points depending on how far down the road we are.
The fact that Merchant has picked up RAC in the new Bio fund shows you they are still believiers.
Ann: Ceasing to be a substantial holder, page-10
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 (20min delay)
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Last
$1.75 |
Change
0.180(11.5%) |
Mkt cap ! $296.8M | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.80 | $1.58 | $772.4K | 450.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2354 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 525 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$1.75 |
Change
0.180 ( 11.2 %) |
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| Open | High | Low | Volume | ||
| $1.60 | $1.80 | $1.58 | 22024 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| RAC (ASX) Chart |