They're probably close, if not already, now free carrying RAC. I'd imagine they would had made back their initial investment. From memory (could be wrong), their investments were $1.8m + $1m. They've sold circa $2.9m so may offload a little more to cover 30% corporate tax rate, unless they have some other investments that will offset the capital gain....?
Ann: Change in substantial holding, page-25
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Last
$1.70 |
Change
0.000(0.00%) |
Mkt cap ! $289.7M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.70 | $1.66 | $85.03K | 50.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21581 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 4979 | 4 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| RAC (ASX) Chart |