The hand brakes are off the RAC sp:
- end of selling by some to fund there bonus options, reducing sell supply
- sophisticated investors and insto’s who have approached Race to underwrite a portion of any shortfall of bonus option conversion will likely receive little or none. They will need to get off sideline and buy on market increasing buy demand
- funding secured till at least 2029 (with piggies in the money) giving confidence to market that no more surprise cap raises for medium term
- new positive news to come out after capital raise is done … tends to happen regularly. Remember what happened after the IMU placement and SPP in Sept 2023. Also happened with CU6 capital raise earlier this year. IMU and CU6 gained 100% to 200% within 6-7 weeks of their respective cap raises being completed.
- increased investor out reach and marketing. First being the Sharewise webinar on 5 June, one day after completion of bonus options fund raising.
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Last
$1.82 |
Change
-0.005(0.27%) |
Mkt cap ! $309.9M |
Open | High | Low | Value | Volume |
$1.83 | $1.86 | $1.79 | $157.7K | 86.21K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5623 | $1.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.82 | 9999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5623 | 1.790 |
1 | 544 | 1.785 |
2 | 1144 | 1.780 |
2 | 16544 | 1.775 |
2 | 1936 | 1.770 |
Price($) | Vol. | No. |
---|---|---|
1.820 | 9999 | 1 |
1.830 | 544 | 1 |
1.840 | 2044 | 2 |
1.845 | 544 | 1 |
1.850 | 544 | 1 |
Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
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