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RAC - Charts & Price Action, page-331

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Bisi

559 Posts.

86

29/07/20

09:01

Post #: 46140602
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Originally posted by Titans19: ↑

They were 60c!

I wouldn't be surprised if MOF were 'trading' over the last couple weeks. The next sub notice will let us know.

Given what they hold I just hope they don't start selling until it's higher than my risk adjusted price which is higher than that. I'll be disappointed if they do. (I may sell other family members 'holdings' )

II - if you think of our other holdings there are pros and cons of both. These are the cons. Eg, sub holder sells out large holdings and it can drop dramatically. However if those shares are picked up by impatient investors (traders), than there becomes a ceiling on how high it can recover... bringing it back to RAC, after the Sheba results the share price should have gone much higher than it did when 8.5m shares wanted to be purchased. The reason it didn't was because of impatient investors getting FOGO. If they had of held the SP would have climbed higher and RAC wouldn't have given away shares to EM, DW, MOF so cheaply (IMO - obviously still frustrates me) in the last raise. There would have either been more money, or less dilution.

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From MOF
Comfortable holding
At a point in time from a funds management point of view SOME sell down will occur .
But now is not the time for that

RAC Price at posting: 88.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last $1.74		Change 0.170(10.8%)		Mkt cap ! $287.5M

Open	High	Low	Value	Volume
$1.58	$1.80	$1.58	$484.2K	285.2K

Buyers (Bids)

No.	Vol.	Price($)
1	2600	$1.73

Sellers (Offers)

Price($)	Vol.	No.
$1.78	671	1

View Market Depth

No.	Vol.	Price($)
1	1500	1.725
1	5802	1.720
1	4950	1.695
1	4980	1.690
1	1444	1.665

Price($)	Vol.	No.
1.740	29236	1
1.785	7311	1
1.790	4215	2
1.795	3535	1
1.800	18849	5

Last trade - 14.19pm 06/06/2024 (20 minute delay)


Last $1.72			Change 0.170 ( 9.60 %)
Open	High		Low	Volume
$1.60	$1.80		$1.58	16561
Last updated 14.34pm 06/06/2024 ?

RAC (ASX) Chart