looking at the cap table over the time period larger shareholders continued to accumulate and smaller holding created the churn. this suggests that there was a far bit of averaging down going on so assume that a minority of holders would be trapped at SPP (or above). This should spread the resistance so no major barriers, apart from psychological thresholds as the share price moves away further away from oppy strike price and above $2 and $3 (SPP) then ATH.
Thinking tax losses selling is subdued this year, share price 30th June 2023 $1.17 we are up from that at present.
RAC - Charts & Price Action, page-20399
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 (20min delay)
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Last
$1.45 |
Change
-0.005(0.34%) |
Mkt cap ! $242.5M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.50 | $1.43 | $62.91K | 43.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5700 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 591 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.46 |
Change
-0.005 ( 0.23 %) |
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| Open | High | Low | Volume | ||
| $1.44 | $1.49 | $1.43 | 9034 | ||
| Last updated 13.08pm 24/05/2024 ? | |||||
| RAC (ASX) Chart |