Lol.
Being serious for a moment - I'm not sure what MOF covenants are re further investment in RAC. They may have to sell down to exercise. The trading the past few sessions has looked very different.
At the current SP, they (or anyone) can increase their holding by ~2.5% for effectively no outlay by way of the Bonus Options (sell heads for tails). I imagine that would look pretty good for fund performance come EOFY.
Interested to see the broker data - and the SH breakdown in the coming 4C.
Lol. Being serious for a moment - I'm not sure what MOF...
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Last
$1.81 |
Change
0.005(0.28%) |
Mkt cap ! $309.0M | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.83 | $1.80 | $35.00K | 19.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22257 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 40 | 1 |
View Market Depth
| Last trade - 11.32am 28/06/2024 (20 minute delay) ? |
| RAC (ASX) Chart |