Three reasons.
1. When the Lambo Club opened for membership (long before FTO and cardioprotection) 100k was thought to be the number of shares required to buy a Lambo if all went well.
2. Most RAC shareholders are too young to want to own a Rolls Royce.
3. Holders naturally prefer to think about a SP up scenario rather than a 100k * 0 = 0 scenario.
General Comments / Chat, page-10814
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Last
$1.55 |
Change
-0.015(0.96%) |
Mkt cap ! $257.8M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.59 | $1.51 | $189.1K | 121.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 999 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.52 |
Change
-0.015 ( 2.88 %) |
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| Open | High | Low | Volume | ||
| $1.55 | $1.58 | $1.51 | 7772 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| RAC (ASX) Chart |