The market doesn't trust the company to the point that it assigns a greater than 99% chance of management failing completely. That's a bit harsh and might be an opportunity for anyone who disagrees.
My humble opinion on management is that there were serious differences that have now been resolved. Perhaps the AGM is an opportunity for RAC to convince shareholders that management is now 100% aligned and all rowing in the same direction.
100% understand the frustration sentiment but I am also optimistic.
Why Analysts Believe RAC is “Highly Undervalued”, page-110
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Last
$1.44 |
Change
0.040(2.86%) |
Mkt cap ! $245.3M | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.49 | $1.41 | $101.7K | 69.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9216 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 7767 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |