haha ... it's always right! Even if it's wrong at any point in time according to you.
I understand what you're saying - and I appreciate DrT's perspective - at 7c there was no plan, no direction, no (finance) CR from DrT, DrG, DrC (often overlooked here - but not for too much longer IMO) so at 7c it was what it was - right.
Now at 27c the concern for new investors is still mainly finance related IMO. To stay going up RAC needs more new SH coming in than selling out - simple. Until the new plan starts to materialize and/or results start to flow.
A simple question ... ask yourself - how many on this forum appreciate the backgrounds of Dr's G and in particular C?
The answer to that question suggests the market is right at 27c right now, but really it's wrong just as it was at 7c.
Responsibilities of the team, page-89
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Last
$1.57 |
Change
-0.045(2.80%) |
Mkt cap ! $260.3M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.60 | $1.55 | $94.33K | 60.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1250 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 5000 | 1 |
View Market Depth
| Last trade - 14.37pm 16/05/2024 (20 minute delay) ? |
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Last
$1.56 |
Change
-0.045 ( 1.17 %) |
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| Open | High | Low | Volume | ||
| $1.58 | $1.59 | $1.55 | 8174 | ||
| Last updated 14.21pm 16/05/2024 ? | |||||
| RAC (ASX) Chart |