if by go to the dogs you mean 0, I agree highly unlikely. I think that’s what gets missed by some people deeming RAC too risky to invest. It’s well documented it’s not your run of the mill biotech, and 110 is a little pot of gold in itself to fall back on. If worse came to worse. Even at a fire sale, sky is falling scenario logically speaking there will be life jackets available. Unfortunately the market doesn’t think logically, but I think investors on the fence really need to re assess the risk/reward. Only caveat id say is be prepared to sit on the money you invest in case of turbulence.
Ann: Notification of cessation of securities - RAC, page-11
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Last
$1.45 |
Change
-0.005(0.34%) |
Mkt cap ! $242.5M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.50 | $1.43 | $62.91K | 43.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5700 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 591 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.46 |
Change
-0.005 ( 0.23 %) |
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| Open | High | Low | Volume | ||
| $1.44 | $1.49 | $1.43 | 9034 | ||
| Last updated 13.08pm 24/05/2024 ? | |||||
| RAC (ASX) Chart |