We are at the same share price we were 3 months ago. The share register has gone from 1500 holders to 9000 , rough figures from memory. That tells you 2 things, lots of demand from new holders getting in. And at the same time lots of selling from the big holders / ex management / little to no cost option converters.
In that 3 months the company has improved it's position and progression markedly with lots of ripper announcements.
Conclusion, share price in a holding pattern until big holders are no longer big holders.
RAC - Charts & Price Action, page-5866
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Last
$1.94 |
Change
0.000(0.00%) |
Mkt cap ! $330.4M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1818 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 789 | 3 |
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| Last trade - 10.04am 16/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |
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