I don't dispute that there are better places to put your money in the shorter term - in fact with RAC and the wider biotech sector there have been better places to put your money over the last year or so. I guess it all depends on your investing style.
But beyond the short term I don't know of any other companies with this level of potential.
Also I think it's unfair to call it overvalued and act like the market is acting logically here - you've demonstrated a pretty low level of awareness of what RAC is doing and what the value prop actually is just one post ago. Nothing against you - it's up to RAC and the SHs to raise this awareness.
RAC - Charts & Price Action, page-11918
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Last
$1.63 |
Change
-0.115(6.59%) |
Mkt cap ! $285.2M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.78 | $1.62 | $195.9K | 115.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21085 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.64 | 2000 | 1 |
View Market Depth
| Last trade - 14.29pm 03/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |