Yeah it's really nothing to do with market cap for the company you mentioned when a ton of the posts online about it are discussing it as though it's "cheap" because of the share price. There seems to be a big flock of newbie investors who don't understand market cap. No hard feelings towards them for their naivety, hope it works out, it just makes it difficult to compare like for like companies when the share price is so different and that's the main thing they look at.
RAC - Charts & Price Action, page-8650
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 (20min delay)
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Last
$1.57 |
Change
-0.035(2.18%) |
Mkt cap ! $266.3M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.62 | $1.56 | $101.6K | 64.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7451 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 408 | 1 |
View Market Depth
| Last trade - 15.53pm 05/06/2024 (20 minute delay) ? |
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Last
$1.58 |
Change
-0.035 ( 1.25 %) |
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| Open | High | Low | Volume | ||
| $1.58 | $1.62 | $1.56 | 7255 | ||
| Last updated 15.57pm 05/06/2024 ? | |||||
| RAC (ASX) Chart |