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%)
RAC buyback Monday 4/7 (8th day)5 days vwap (27/6- 1/7) is...
-
- There are more pages in this discussion • 9,420 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.66 |
Change
-0.045(2.65%) |
Mkt cap ! $282.9M | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.69 | $1.66 | $60.53K | 36.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43401 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 1376 | 2 |
View Market Depth
| Last trade - 11.40am 18/09/2024 (20 minute delay) ? |
| RAC (ASX) Chart |