If you meet your dog walkiing fund manager Friend again … maybe you like to cheekily let him know that RAC is up over 40% since 22 Feb when you discussed it with him. with plenty of upside to come from here. I would be extremely impressed if someone told me about a stock and 2.5 weeks lately it’s up 40%!!!
NEU is slight down in the same time.
I have stopped “trading around my core position” for RAC and just back to purely accumulating. I have found another vehicle for trading (BRN - more volatile and much more volume and most importantly much more profitable!!!).
Also, my ex colleague (who is ex-Big 4 partner, ex listed fund CFO/COO, sophisticated investor and VC investor) has finally started accumulating RAC. I told him about RAC last year (circa $1.50) and he even had a Zoom with DCB, but DCB couldn't “close the sale”. Now he has started accumulating… he must be seeing something now in the RAC price action that impresses him.
And my new US based friend has been slowly accumulating since Feb 2024. I asked him to please spread the RAC story in the USA to his investor Friends. He said he has already been doing this.
General Comments / Chat, page-10640
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Last
$1.57 |
Change
-0.005(0.32%) |
Mkt cap ! $267.6M | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.59 | $1.56 | $38.35K | 24.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 910 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 541 | 2 |
View Market Depth
| Last trade - 10.25am 11/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |