Being a Devil's Advocate
It's sure starting to feel like we're in trouble ... DrT and DrC holding millions for nothing. DrG cleared off with ??? $35m???. Even DrMM now setting herself up for a nice "retirement" of around $3-4m it appears through selling converted cashless options.
The lower the SP, the cheaper the performance/package option strike price and the greater the dilution for common/retail shareholders.
We have Merchant PR'ing RAC yet it seems they have been the bot players all along on one side of their holding, probably trading into the retail demand (they have promoted) for profit.
We have DrT specifically saying he's going to support shareholders but who knows what that's about as he's off-air.
We have DCB our new CEO who wants to talk to people directly, yet has avoided any strategic announcements, and yet to do anything for the SP at the corporate level.
The SP is in no-mans-land, a bit like a 747 with dead engines at maybe 20,000 ft, just on a glide path with the captain (maybe) tring to restart the engines and the passengers helpless.
But who knows what's happening, as it's largely speculation, whispers, and gossip that prevails on HC.
Presumably there's a sound reason for all this and my "Devil's Advocate" post is totally unjustified.
C'mon DCB ... what's the story?
Being a Devil's AdvocateIt's sure starting to feel like we're in...
Add RAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.75 |
Change
0.010(0.57%) |
Mkt cap ! $298.0M | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.83 | $1.73 | $272.0K | 152.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9998 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |