Special Edition each MONDAY only.
(118 trading days to Xmas 2022)
1) Estimate Max Buyback shareprice by
Xmas 2022:
Average increase per day 242 c - 170 c ÷ 13 trading days = 5.54 c
DISCOUNT -50% of 5.54 c
= 2.77 c X 118 trading days = $3.27
Estimate Max Buyback price by Xmas is
= $1.70 + $3.27 = $4.97
2) Estimate Shareprice by Xmas 2022:
Average increase per day 240 c - 166 c ÷ 12 trading days = 6.16 c
DISCOUNT -50% of 6.16 c
= 3.08 c X 118 trading days = $3.63
Estimate Shareprice by Xmas is
= $1.66 + $3.63 = $5.29
**********************************************
RAC buyback Monday 11/7 (13th day)
5 days vwap (4/7- 8/7) is $2.308
Monday ===> RAC can buy on the market upto $2.308 + 5% = $2.423 per share.
Max buyback Monday is $2.423
increased + 2 % from last Friday ($2.373).
Monday max buyback increased +42 %
From 1st Day (23/6) = $1.705
To13th Day (11/7) = $2.423
Since Buyback started(12 trading days) Shareprice increased +45%
From 22/6 = $1.66
To 8/7 = $2.40
Monday if buyback happens ===>
possible price range: $2.308 - $2.423
Note: - Rough Estimate BG shares less than 2.7m(Sourced from Wombat 2.9m at 22/6).
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Last
$1.74 |
Change
0.040(2.35%) |
Mkt cap ! $296.3M |
Open | High | Low | Value | Volume |
$1.74 | $1.82 | $1.72 | $216.7K | 124.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 72 | $1.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.76 | 4141 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 72 | 1.740 |
1 | 11547 | 1.730 |
1 | 877 | 1.710 |
4 | 42956 | 1.700 |
1 | 4450 | 1.690 |
Price($) | Vol. | No. |
---|---|---|
1.760 | 4141 | 2 |
1.800 | 2500 | 1 |
1.810 | 2400 | 1 |
1.820 | 8730 | 1 |
1.830 | 15000 | 1 |
Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
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RAC (ASX) Chart |