There's close to 7k holders that joined the register between Dec 2020 and March 2021. I imagine the majority of those holders got on due to FOMO at the time and after a disappointing 12 mths and current market environment are now getting out.
I expect the next update with register details it'll show less holders and a greater percentage of ownership to the top holders.
IMO, etc
RAC - Charts & Price Action, page-10972
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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 |