Just seems crazy, given the current SP, to pay $1.25 for shares today to have the opportunity to buy more tomorrow for $1.25.
IMO it's inevitable that JC's holding gets picked up off market. If/when this occurs, selling volume at this level will almost cease to exist and whoever acquires will be incentivised to get the piggyback options in the money asap (whether they're traders or longs).
RAC - Charts & Price Action, page-18608
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Last
$1.66 |
Change
-0.088(5.01%) |
Mkt cap ! $285.2M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.78 | $1.62 | $238.8K | 141.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19025 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 1000 | 1 |
View Market Depth
| Last trade - 15.40pm 03/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |