RAC 1.11% $1.83 race oncology ltd

RAC - Charts & Price Action, page-11515

  1. 89 Posts.
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    Interesting to read some peoples averages and expectations. I must admit, the price action has me nervous. I've been purchasing from $3.85, averaging down and had full SPP allocation.

    I hold 22,000 shares and I'm down, on paper today $20,000+ which is a lot to me. Despite the sector wide fall, macro economic influences, the DD I've compete made this feel like a not certain but safe bet. I really see the potential value in RACE but the price movements make me think, was I rosy eyed? Are my expectations unrealistic?

    I hoped for a buyout at $30 which I thought was reasonable, where do you draw the line for shareholders like me with averages over $3 that are already deep in the red that can't average down and even if they did, seemingly are just going to see the value drop to what some expect $1.5?

    I trust management and the drug, but is that enough?
 
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Last
$1.83
Change
0.020(1.11%)
Mkt cap ! $310.7M
Open High Low Value Volume
$1.81 $1.83 $1.79 $142.0K 78.77K

Buyers (Bids)

No. Vol. Price($)
1 500 $1.81
 

Sellers (Offers)

Price($) Vol. No.
$1.83 641 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
RAC (ASX) Chart
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