IMO comes down to the amount of positive data (results) & IP (patents) that RACE can generate in 12-24 months.
recognising that 85% of transactions occur before Phase III ...
https://www.evaluate.com/vantage/articles/data-insights/ma/following-ma-money-phase-and-therapy-area
Speculative M&A Transaction Analysis, page-665
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Last
$1.82 |
Change
0.105(6.14%) |
Mkt cap ! $309.0M | |||
| Open | High | Low | Value | Volume |
| $1.85 | $1.96 | $1.75 | $862.1K | 467.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 5000 | 1 |
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