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).
- Forums
- ASX - By Stock
- RAC - Charts & Price Action
Special Edition each MONDAY only. (118 trading days to Xmas...
-
- There are more pages in this discussion • 8,442 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAC (ASX) to my watchlist
|
|||||
Last
$1.84 |
Change
-0.025(1.34%) |
Mkt cap ! $313.3M |
Open | High | Low | Value | Volume |
$1.89 | $1.91 | $1.81 | $257.6K | 138.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 26825 | $1.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.90 | 759 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7989 | 1.815 |
1 | 14750 | 1.810 |
1 | 800 | 1.800 |
2 | 2000 | 1.780 |
1 | 10000 | 1.770 |
Price($) | Vol. | No. |
---|---|---|
1.910 | 2500 | 1 |
1.915 | 1000 | 1 |
1.920 | 10000 | 1 |
1.950 | 3982 | 1 |
1.960 | 9500 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
RAC (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online