Here is an entertaining conspiracy theory....
Perhaps a Big Pharma co. interested in takeover of this company is behind the bot activity.
After all, it would be in their best interest to takeover a company with a lower share price than a higher share price, wouldn't it?
Either way, lets hope that the board know its worth, if/when offers come in.
RAC - Charts & Price Action, page-2951
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Last
$1.53 |
Change
-0.050(3.17%) |
Mkt cap ! $259.9M | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.59 | $1.51 | $174.6K | 113.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2372 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 141 | 1 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |