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
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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. |
---|---|---|
$1.62 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2868 | 1.610 |
1 | 636 | 1.605 |
4 | 11140 | 1.600 |
1 | 950 | 1.595 |
2 | 10950 | 1.590 |
Price($) | Vol. | No. |
---|---|---|
1.625 | 400 | 1 |
1.630 | 12988 | 2 |
1.635 | 337 | 2 |
1.640 | 5077 | 1 |
1.645 | 10000 | 1 |
Last trade - 12.24pm 26/08/2024 (20 minute delay) ? |
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