I also have a question regarding institutional investors.
Could I get an insight into how a potential institutional investor is able to join RAC as a shareholder if they find it to be a favourable investment? Is there any legal requirements that prevents them from entering a company below a certain SP or Market Cap etc etc and if do these principles apply to RAC?
I understand that other significant holders are able to sell to their position to them but I was wondering if the reason we aren’t seeing any big names enter into RAC is due to legal limitations - thanks!
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Last
$1.83 |
Change
-0.030(1.61%) |
Mkt cap ! $311.7M | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.91 | $1.79 | $169.3K | 92.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 92 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 3472 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |