I share your view but some might sell to cover the payment.
not many but some.
Overall price will rise
I had $30,000 For a renovation on my rental property so what I decided to do was just by $15,000 worth in one of my accounts and just keep it very easily could of purchased $30,000 worth and once received sell $15,000 worth and have some extra cash but I am not that sort of person I think it’s in the best interest to hold and not sell as I am a loyal holder and I am going to see this through.
In my super account I took the full allocation.
But that is just me I am sure there be a few people out there for a few measly thousand dollars they will happy to buy and sell but they will will be crying in the end
RAC - Charts & Price Action, page-9942
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Last
$1.55 |
Change
0.085(5.80%) |
Mkt cap ! $264.2M | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.55 | $1.49 | $246.4K | 163.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $1.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 5483 | 2 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |