No pop to speak of on the Sheba results - got rejected from the VN high. Still have to assume the range will continue while we're inside it, but it looks like the market is giving RAC another shot waiting for the strategic update. I'm kind of surprised there wasn't a bit more pessimism on the chart after the heavy selling that came in.
If the AVWAP-L can hold and the update is received positively this could still serve as a nice launch pad to get out of the downtrend.
RAC - Charts & Price Action, page-18044
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Last
$1.82 |
Change
-0.005(0.27%) |
Mkt cap ! $309.9M | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.86 | $1.79 | $157.7K | 86.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5623 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 9999 | 1 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |