So nothing fundamental has changed, arguably the fundamentals have got better, but the selling is relentless. Now we have what appear to be pretty serious caps going on and serious buy line a bit further down.
I am no TA guru and on my platform in NZ this (below) is the best view I get.
Does anyone have an explanation for the price action (except for Dory haha)?
Any views? Paper handed retail folding like nobody's business? A lack of a cornerstone insto investor? Shorters?, Garner selling? Macros (Ukraine and interest rates). All of the above? I do not have broker or short data btw.
I am lucky as I have been here a while and still well green like many, but the lack of support for the share is pretty staggering given where we have been.
Management can't do much, but deliver. Soon please
Still holding!!
RAC - Charts & Price Action, page-10897
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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 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |