Been quiet on HC for a while but been watching RAC closely. The volume today (and only a few hours into the day) is strong. I recall a few years ago the company was valued at around $5/share ..... the long slide down was a culmination of factors basically where money wasn't going to small caps but investors have changed their tune.
I took a chunk of PNV out before RAC whose market cap is maybe $1.7 billion now, yes they are doing great and have revenue however this holds way more potential. Anything that moves along like this from lows gets picked up, however the SP fell way too far (like PNV). There is a lot of upside and buying is strong. Some-one mention $2 as a consolidation point, another $2.25 or so ..... thing is shares on issue is low so mid to long temr thinkers just have to hang on.
Been quiet on HC for a while but been watching RAC closely. The...
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Last
$1.22 |
Change
-0.010(0.81%) |
Mkt cap ! $202.7M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.26 | $1.14 | $381.6K | 320.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 2171 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.010 ( 5.54 %) |
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| Open | High | Low | Volume | ||
| $1.23 | $1.23 | $1.14 | 48407 | ||
| Last updated 15.52pm 03/05/2024 ? | |||||
| RAC (ASX) Chart |