All depends on how many they want as to how low this will go.
I personally am very tired of this type of action as in my opinion it smells, and have seen it too often.
It stifles momentum, frustrates holders into selling and does not represent the true value of the share-price. We are now at the mercy of these guys until they have had enough
RAC - Charts & Price Action, page-127
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 (20min delay)
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Last
$1.30 |
Change
-0.010(0.76%) |
Mkt cap ! $215.6M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.31 | $1.23 | $212.1K | 166.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5201 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 9799 | 2 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
$1.28 |
Change
-0.010 ( 1.17 %) |
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| Open | High | Low | Volume | ||
| $1.30 | $1.31 | $1.23 | 17594 | ||
| Last updated 15.52pm 29/04/2024 ? | |||||
| RAC (ASX) Chart |