Perhaps throw out the question to those holding both stocks. What do those holding CU6 intend doing with the returns they receive after CU6 is bought out?
I was a CU6 holder but sold to buy more RAC when we were well under $1. So far my brilliance has cost me close to 300k.
My point is, IMO the cross over will happen and as much as it may not be advantageous for CU6 holder's I kind of hope the buyout happens this year, could be a perfect storm for RAC if this is the case.
Industry news, page-2052
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Last
$1.78 |
Change
-0.005(0.28%) |
Mkt cap ! $303.3M | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.84 | $1.78 | $133.8K | 73.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15072 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 1793 | 1 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| RAC (ASX) Chart |