RAC - Charts & Price Action, page-5192

Good way to be, we’re not investing in MOF here.

Learning experience for me also, averaged up for the first time before a pull back, not yet in a position to make the best of this dip - if the market can hold it here a while, give me a few weeks? I bet even before I’m able, it’ll be back to $4+

The market as a whole seems to be in a rebalancing phase with vaccines and reopening eventually on the cards, even though relative to other nations we haven’t really stopped. It’s not just the sellers of RAC, it’s the market as a whole trying to make sure they’re in place for the next lot of reporting and dividends. At some point they’ll realise even with CSL at peak production, we’re well behind due to the EU holding back a vaccine they aren’t even using (last I checked, DE had 1M+ doses of AZ in storage). We’re in for a crazy 12 months and I doubt this is the last pullback, just have to remember it’s the market changing, not RAC fundamentals, and honestly I don’t care what MOF does.