Have I got the TLDR right?
- Strategic update lays out timeline suggesting that any material announcements are some time away (longer than originally expected or not?)
- ST retailers exit their position to chase better ST gains; potentially looking to re-enter RAC at a cheaper price closer to future catalysts
- Paper hand retail minnows panic (as suggested by the small volume)
- Risk adverse LT holders or those holding <12 month hold
- Amplified by an announced exercise of options and the rumored sale on market as a signal of no confidence by options holder
If sale of those exercised options did occur, probably more downside in the ST.
Looks like my entry might be round the corner.. *rubs hands*
Have I got the TLDR right? Strategic update lays out timeline...
-
- There are more pages in this discussion • 242 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.86 |
Change
-0.015(0.80%) |
Mkt cap ! $316.8M | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.88 | $1.79 | $163.0K | 89.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34299 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.86 | 3635 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |