Agree completely with that assessment, with a $5-$7 range target in the next month or so. The only thing is I think the TA will need an announcement to drive it, momentum alone won’t.
A comment on IMU/RAC. I still think there are a lot of new retail investors who do not look at SOI or MC, therefore they assessed IMU as cheap at $0.30 compared to RAC at $3 over the last month.
Keep up the great work RAC.
RAC - Charts & Price Action, page-6139
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Last
$1.73 |
Change
-0.105(5.74%) |
Mkt cap ! $293.8M | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.82 | $1.70 | $240.3K | 138.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 270 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |