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.
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It is a very good question and one I hope every investor has...
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Last
$1.22 |
Change
0.000(0.00%) |
Mkt cap ! $202.7M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4250 | $1.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.20 | 324 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4250 | 1.180 |
2 | 2400 | 1.150 |
3 | 2193 | 1.145 |
1 | 2500 | 1.140 |
1 | 1478 | 1.135 |
Price($) | Vol. | No. |
---|---|---|
1.200 | 324 | 1 |
1.210 | 100 | 1 |
1.220 | 7551 | 2 |
1.250 | 5394 | 2 |
1.295 | 5256 | 1 |
Last trade - 10.06am 06/05/2024 (20 minute delay) ? |
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RAC (ASX) Chart |
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