JDP I reckon you're pretty on the ball with most things, but one thing I don't get is how you believe there was a near-term sale being planned by JC/DCB etc. Surely if the market had any sniff that a near-term transaction was in the wings, we wouldn't have experienced the collapse in price that we did under DCB's reign... I would in fact have expected a rally instead as people tried to front-run it.
Or do you think there was a concerted push to inflict maximum damage on the share price and then try to flog RAC off for a buck a share? If so, to what end? JC might have been happy with his $8 mill out of this (plus a few million in transaction fees), but I couldn't see enough other shareholders on-board for this to actually get over the line, and JC would surely have known this.
Could you please elaborate on your theory?
PS. I reckon the 12 months would technically be up on the 13th September 2024.
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$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. |
---|---|---|
$1.79 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9998 | 1.750 |
1 | 7599 | 1.730 |
1 | 581 | 1.720 |
3 | 11557 | 1.710 |
4 | 46280 | 1.700 |
Price($) | Vol. | No. |
---|---|---|
1.790 | 2000 | 1 |
1.830 | 44030 | 2 |
1.840 | 10500 | 2 |
1.850 | 14500 | 3 |
1.860 | 949 | 2 |
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