What I find interesting ... from an investment psychology perspective is the current two day rally.
Forget the FA. That last move is illogical IMO.
IMO we may have seen our first (old fashioned) T+3 event. Exactly the opposite of the objective of management.
Of course it could be an indecisive moment and if news comes out today it carries on higher - but probability suggests the opposite.
Fascinating.
Let's see how this closes over the next couple of days ... the meth addict needs a hit.
RAC - Charts & Price Action, page-42
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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 |