RAC buyback Monday 4/7 (8th day)
5 days vwap (27/6- 1/7) is $1.995
MONDAY ===> RAC can buy on the market upto $1.995 + 5% = $2.095 per share.
Max buyback MONDAY is $2.095 increased + 5% from Friday ($1.995).
MONDAY max buyback increased +23% so far from 1st Day (23/6) = $1.705
to8th Day (4/7) = $2.095
MONDAY if buyback happens ===>
possible price range: $1.995 - $2.095
Notes:
Rough estimate BG shares less than 2.7m(Sourced from Wombat 2.9m at 22/6).
Some examples of the power of buyback as follows:
- As from Monday confidentially say goodbye to shareprice below $2.
- We have max buyback so far approximately close to 3% increased each day.
- Just take 2% increase each day x 123 trading days from now to Xmas, we have approximately 246% increase from Monday max buyback of $2.095
- So highly likely Estimate Max Buyback by Xmas 2022 is greater than $5. ($2.095×248%)
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Last
$1.66 |
Change
-0.045(2.65%) |
Mkt cap ! $286.3M |
Open | High | Low | Value | Volume |
$1.69 | $1.69 | $1.66 | $68.20K | 40.91K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3987 | $1.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.67 | 5114 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 4009 | 1.655 |
6 | 51001 | 1.650 |
2 | 7200 | 1.640 |
2 | 6532 | 1.630 |
2 | 4461 | 1.625 |
Price($) | Vol. | No. |
---|---|---|
1.675 | 2102 | 1 |
1.680 | 400 | 1 |
1.690 | 3000 | 1 |
1.695 | 532 | 1 |
1.700 | 4967 | 4 |
Last trade - 14.11pm 18/09/2024 (20 minute delay) ? |
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