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RAC - Charts & Price Action, page-324

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EWexplorer

5,618 Posts.

1749

29/07/20

08:10

Post #: 46139323
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Originally posted by Titans19: ↑

They were 60c!

I wouldn't be surprised if MOF were 'trading' over the last couple weeks. The next sub notice will let us know.

Given what they hold I just hope they don't start selling until it's higher than my risk adjusted price which is higher than that. I'll be disappointed if they do. (I may sell other family members 'holdings' )

II - if you think of our other holdings there are pros and cons of both. These are the cons. Eg, sub holder sells out large holdings and it can drop dramatically. However if those shares are picked up by impatient investors (traders), than there becomes a ceiling on how high it can recover... bringing it back to RAC, after the Sheba results the share price should have gone much higher than it did when 8.5m shares wanted to be purchased. The reason it didn't was because of impatient investors getting FOGO. If they had of held the SP would have climbed higher and RAC wouldn't have given away shares to EM, DW, MOF so cheaply (IMO - obviously still frustrates me) in the last raise. There would have either been more money, or less dilution.

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Apologies ... doh! Too cheap! lol ... brain fade.

Still feels like cheapies for mates for sure but mates with clout never the less.

No matter - history now and we move on.

RAC Price at posting: 88.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.55		Change 0.140(9.93%)		Mkt cap ! $257.8M

Open	High	Low	Value	Volume
$1.43	$1.55	$1.43	$419.7K	282.7K

Buyers (Bids)

No.	Vol.	Price($)
2	13000	$1.50

Sellers (Offers)

Price($)	Vol.	No.
$1.55	31081	2

View Market Depth

No.	Vol.	Price($)
2	13000	1.500
1	1750	1.485
1	3113	1.470
1	1250	1.460
1	16363	1.440

Price($)	Vol.	No.
1.550	31081	2
1.560	1282	1
1.575	500	1
1.595	1000	1
1.600	19161	4

Last trade - 16.10pm 13/05/2024 (20 minute delay)


Last $1.52			Change 0.140 ( 9.79 %)
Open	High		Low	Volume
$1.45	$1.55		$1.44	23501
Last updated 15.58pm 13/05/2024 ?

RAC (ASX) Chart

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