This is the most plausible explanation I've heard so far.
I too firmly agree with Mr @djbenton75 that the warnings/disclosures have definitely increased. It has made me rethink what is actually going on or why T keeps doing it. Is there something on the nose at RAC? I still remain positive but why all the warnings. It'll only put people off putting (more) money in when we desperately need new investors. All systems go at CU6 but the brakes keep getting put in here. No disclosure warnings over there although dt not CEO there the principle applies. wouldn't you warn everyone universally
I still haven't received an answer to how the company will fix the liquidity issue (if this is a problem) as mentioned by Daniel preventing larger SP increase. Isn't JC providing liquidity?
Also when is the real education going to start to help Aussie bio investors value Races assets? And I'm not talking about posts in HC.
RAC - Charts & Price Action, page-21677
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Last
$1.50 |
Change
0.040(2.74%) |
Mkt cap ! $255.5M | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.52 | $1.46 | $104.7K | 70.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 435 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 4882 | 3 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |