It is a very good question and one I hope every investor has asked themselves.
Personally, RAC is my most confident speculative bet and I have added to it the more confidence it has generated over time.
I have some sell signals that I have identified for myself - but none of them are related to the SP.
The rationality is this is all or nothing for me as the risk/reward for any of the 3 pillars is outstanding. I have confidence in management, the 3 pillar strategy and historical results that give a good indicators of success.
Even if FTO somehow doesn't work out, I am still confident at least AML (less so on breast - haven't done enough research into this tho) will achieve buyout at multiples of the current SP.
Could all go to zero, and yet a potential buyout offer (even a lowball/failed offer) could also come at any time which would shoot the SP through the roof..
I don't know of any stock on ASX with the (de)risk/reward that RAC offers and because of that I'll hold until the end.
- Forums
- ASX - By Stock
- RAC
- RAC - Charts & Price Action
RAC - Charts & Price Action, page-7232
- There are more pages in this discussion • 13,642 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.16 |
Change
-0.070(5.69%) |
Mkt cap ! $199.4M |
Open | High | Low | Value | Volume |
$1.26 | $1.26 | $1.14 | $338.0K | 283.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2042 | $1.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.16 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 360 | 1.135 |
2 | 4944 | 1.130 |
1 | 8888 | 1.125 |
2 | 1601 | 1.120 |
2 | 34800 | 1.110 |
Price($) | Vol. | No. |
---|---|---|
1.160 | 2000 | 1 |
1.165 | 1200 | 1 |
1.175 | 9370 | 1 |
1.185 | 900 | 1 |
1.190 | 1000 | 1 |
Last trade - 13.37pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.16 |
  |
Change
-0.070 ( 5.94 %) |
|||
Open | High | Low | Volume | ||
$1.23 | $1.23 | $1.14 | 28758 | ||
Last updated 13.50pm 03/05/2024 ? |
Featured News
RAC (ASX) Chart |