RAC 0.88% $1.69 race oncology ltd

RAC - Charts & Price Action, page-11523

  1. 93 Posts.
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    Indeed, that was partly my point where people with averages under $1 are still quite positive as there's plenty of runway for them, $3 plus holders are hurting and nervous.

    I'm committed to bottom drawer these shares, as you say you take an educated bet as it's ultimately speculative and I believe in my DD and investment thesis, as much as one can given the information available.

    I suppose the question then is, apart from forgetting these shares exist for 2+ years and seeing what happens, do you find what we money you can to average down now if we were purchasing at $3 plus and / or do you consider the opportunity cost of funds held losing value when they could be traded in / out of other markets.

    I want to keep averaging down but honestly, seeing each purchase take me further into negative territory has pushed me to the side lines and I think a lot of other investors too which may explain the low volume.
 
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Last
$1.69
Change
-0.015(0.88%)
Mkt cap ! $282.9M
Open High Low Value Volume
$1.69 $1.69 $1.66 $64.22K 38.53K

Buyers (Bids)

No. Vol. Price($)
1 397 $1.67
 

Sellers (Offers)

Price($) Vol. No.
$1.68 4430 1
View Market Depth
Last trade - 12.11pm 18/09/2024 (20 minute delay) ?
RAC (ASX) Chart
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