I feel those that are most frustrated are shareholders that participated in the SPP and have seen their investment halve - i am one of those.
If the SP was sitting north of $6 i believe SH's could see progress and would not be so impatient/nervous with their investment in RAC and holding rather than selling.
I am obviously disappointed where the SP is sitting but have taken the opportunity to average down, buying shares at $1.20 and another 10,000 shares on Monday at $1,55.
I feel that when the strategic update is released to the market the SP will be well north of $1,50.
Looking forward to the strategic update.
I feel those that are most frustrated are shareholders that...
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Last
$1.84 |
Change
-0.025(1.34%) |
Mkt cap ! $313.3M | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.91 | $1.81 | $257.6K | 138.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26825 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 759 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RAC (ASX) Chart |