I've never bothered adding my thoughts in these discussions as I don't really have anything to add to the very thorough valuations already provided by some pretty knowledgeable members.My only input would be around the talk of lowball offers, in my opinion buyouts would tend to be more of an all or nothing type of thing. If RAC is worth $5, a random number put up the other day then we haven't really got anything worth buying so is anyone really sniffing around?
I reckon either nothing works and we're all left sitting on a one cent share, or something comes through and no one here needs to worry about anything being given away (the lime green Lambo option
).
That ended up a long winded post for a pretty simple idea
Race- Buyout or Takeover discussions, page-2
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Last
$1.69 |
Change
-0.005(0.30%) |
Mkt cap ! $282.9M | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.69 | $1.64 | $46.19K | 27.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8155 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 734 | 2 |
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| Last trade - 13.58pm 07/10/2024 (20 minute delay) ? |
| RAC (ASX) Chart |