I can’t see this raise having a significantly negative impact on the share price. At worst the issue of 10m more shares is a dilution of about 7%. So perhaps theoretical impact of 7% x $3.77 = $0.26 per share.
however, I think many LT holders thought yesterday’s news was worth a multi-dollar re-rate in price over the next couple of months as the market becomes aware of the potential from the “heart protective and more efficacious” treatment using Zantrene as an adjuvant with existing SoC treatments in large existing markets.
personally, with yesterday’s news, I think the potential value of a transaction for race has increased, the chances that it will happen have improved, and the time for it to be realised has decreased.
- Forums
- ASX - By Stock
- RAC
- Ann: Trading Halt
Ann: Trading Halt, page-123
-
-
- There are more pages in this discussion • 96 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.69 |
Change
-0.050(2.88%) |
Mkt cap ! $287.0M |
Open | High | Low | Value | Volume |
$1.71 | $1.71 | $1.64 | $95.18K | 56.84K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 6704 | $1.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 1700 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4204 | 1.680 |
2 | 3006 | 1.675 |
2 | 1500 | 1.670 |
1 | 950 | 1.665 |
1 | 950 | 1.660 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 1700 | 1 |
1.705 | 388 | 1 |
1.710 | 2500 | 1 |
1.750 | 400 | 1 |
1.755 | 6990 | 2 |
Last trade - 13.47pm 24/07/2024 (20 minute delay) ? |
Featured News
RAC (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online