Merchant said when they would trade at $2 so this should be a surprise to nobody. What I would look at is how the SP has performed despite all this selling.
What I think many are missing is Andrew's prediction that RAC would be $2 by the end of the year. Not many people here took him that seriously at the time and yet he has been proven to be 100% right.
Ann: Change in substantial holding, page-22
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Last
$1.56 |
Change
-0.015(0.95%) |
Mkt cap ! $265.8M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.63 | $1.56 | $160.1K | 100.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 222 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |