Looks like there might be no answer from @RaceOncology , which I can totally understand.
RAC had under $1m in cash when it decided to raise capital back in August 2019. Given the recent spike in the share price, in my opinion a capital raise is coming, its just a matter of when. If I had to guess I'd say it will be within a month or even sooner.
Personally I wouldn't buy it now and if I could I would short here as I think minimum 20% retracement is on the cards. If anyone has found a broker that allows shorting in this stock, please let me know.
General Comments / Chat, page-104
-
- There are more pages in this discussion • 11,211 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.61 |
Change
0.050(3.21%) |
Mkt cap ! $272.6M | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.63 | $1.57 | $181.5K | 113.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2126 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 1000 | 1 |
View Market Depth
| Last trade - 12.24pm 26/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |