congrats to you and all the imugenies - the increase in IMU.AX market cap in November is more than twice RAC’s total current market cap.
personally I think the broader improvement in the sector won’t really come until q2 or later next calendar year as people start to anticipate interest rates falling. For RAC in
particular, I think a lot of potential buyers would be sitting on their hands until the company announces the new new strategy.
*disclosure - I hold both RAC and IMU. My RAC holding is many multiples times IMU by value.
Why Analysts Believe RAC is “Highly Undervalued”, page-79
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Last
$1.83 |
Change
-0.030(1.61%) |
Mkt cap ! $311.7M | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.91 | $1.79 | $169.3K | 92.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 92 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 3472 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |