Don't think the market is valuing -200m for RC220.
So many macro and micro factors affecting market valuations at any point in time, who is to say the market was 'right' when it valued RAC at 600m with RC110, and it is 'wrong' now?
The market is full of 'punters' who have choices when it comes to placing a 'bet', plus they have personal financial concerns outside the market as well.
I placed a 'bet' with RAC for a few years, and did ok. Not that anyone gives a rats here btw.Now watching closely for a possible reunion with an old flame.
Don't think the market is valuing -200m for RC220.So many macro...
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Last
$1.65 |
Change
-0.095(5.44%) |
Mkt cap ! $285.2M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.78 | $1.62 | $285.9K | 170.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16759 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 12047 | 1 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |