As I pointed out at time of cap raising only to retail I felt was weird
Credit due timing was perfect in the overall market and many posters after scale back were saying they were going to use their refunds to “top up “ !
Unfortunately retail do not have as strong hands as instos where a stock decline can be absorbed.
Instos also have a greater ability to “top up “ or support .
Retailers see there $ value decrease and that’s personal.
Now I would imagine retail would simply like to get their money back so I imagine it will be a difficult road back up
The overall market obviously hasn’t helped .
RAC - Charts & Price Action, page-10867
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Last
$1.94 |
Change
0.000(0.00%) |
Mkt cap ! $330.4M | |||
| Open | High | Low | Value | Volume |
| $1.95 | $1.95 | $1.84 | $647.3K | 344.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3300 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.94 | 5654 | 2 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |