Hi ralom,
shorts have been pretty much non existent on RAC, as per shortman data. That would be a function of low SOI and a shortage of available stock to be on loan.
this raise adds 10m, into retail hands. Not sure how this adds to the pool of available stock to be shorted.
not saying it’s impossible for shorters to attack, but they will leave themselves open to a squeeze given the low SOI and liquidity.
Hi ralom, shorts have been pretty much non existent on RAC, as...
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Last
$1.61 |
Change
-0.055(3.31%) |
Mkt cap ! $273.4M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.68 | $1.61 | $271.5K | 166.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1996 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 1305 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |