At $1.55 RAC is only at a 6 month high.
1 yr high is over $2.
All time high is $4.23 in March 2021.
I would suggest no-one has missed the boat (at the current sp of $1.55) and plenty of upside, especially in second half of 2024, when more news comes out. And there are a heap of news in H2 2024.
The new CEO, Dr Tillett, asked for half his salary in $4.25 strike options. Meaning he is extremely confident all time highs of $4.23 will be exceeded convincingly, other wise he will be wasting half his salary. It is just a matter of when new ATH will be exceeded.
Don’t forget the Bonus and Piggies have extended expiry dates too, but their strike prices were strongly surpassed, extremely early before expiring.
In addition, Dr T’s previous CSO options were way out of the money when issued, however ended extremely way in the money by multiples before being exercised by Dr T.
Don’t be fooled into thinking Dr T’s $4.25 options will take 5 years (expiry limit) to be in the money. This will happen sooner than expected.
At $1.55 RAC is only at a 6 month high. 1 yr high is over $2.All...
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Last
$1.22 |
Change
0.030(2.52%) |
Mkt cap ! $202.7M | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.22 | $1.16 | $78.70K | 66.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 4561 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.19 |
Change
0.030 ( 0.42 %) |
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| Open | High | Low | Volume | ||
| $1.19 | $1.22 | $1.16 | 11297 | ||
| Last updated 15.56pm 07/05/2024 ? | |||||
| RAC (ASX) Chart |