"Borje and I are telling the market what we think RAC is worth ... Time will tell if we or the market is correct. .... On this topic does anyone want to speculate why there are so many in the market that think they know more about RAC prospects than Borje and I?"
DrT - call me slow but I don't understand.
I thought the idea of this forum was to encourage participation, in particular FA input. (Of which I avoid.)
There are a few key contributors who have really made a difference but on the whole the investors contributions have suggested "to the moon" valuations based on what would take years to achieve through trials and JV deals.
So I don't understand why you appear concerned that overly optimistic contributor valuations are appearing ... is it because the SP is rising faster than expected (making your options "in the money"). Are you concerned that progress can not expect to keep up with the SP so RAC will become a traders stock? (The managed PR experiment has lost control of the managed SP concept?)
Or have I miss-understood the question? Regards
Responsibilities of the team, page-74
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Last
$1.24 |
Change
-0.075(5.73%) |
Mkt cap ! $217.2M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.31 | $1.23 | $73.24K | 58.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 84680 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 2200 | 2 |
View Market Depth
| Last trade - 11.09am 29/04/2024 (20 minute delay) ? |
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Last
$1.24 |
Change
-0.075 ( 4.27 %) |
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| Open | High | Low | Volume | ||
| $1.30 | $1.31 | $1.23 | 3589 | ||
| Last updated 11.20am 29/04/2024 ? | |||||
| RAC (ASX) Chart |