I've never been one to make share price predictions, not smart or brave enough to put it out there on the line but I think you are on the money IMO. Imagine another biotech with a drug like Bisantrene but at the absolute beginning of their journey. How much would it cost to replicate the plethora of historic data owned by RAC? I reckon 100s of millions. And plenty of years. RAC has a massive head start on the road to takeover or partnership. Combine that with savvy leadership and its looking like a perfect storm. I think the market is just starting to realise this. I must admit when I first stumbled onto RAC I looked at the historic data and thought someone had given me the answers to an upcoming exam. Not a bad feeling! Onward.
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Last
$1.79 |
Change
0.010(0.56%) |
Mkt cap ! $304.2M |
Open | High | Low | Value | Volume |
$1.78 | $1.80 | $1.78 | $106.4K | 59.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 600 | $1.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.83 | 10000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 600 | 1.780 |
1 | 1690 | 1.775 |
1 | 11200 | 1.770 |
1 | 300 | 1.765 |
1 | 569 | 1.755 |
Price($) | Vol. | No. |
---|---|---|
1.830 | 10000 | 2 |
1.840 | 1400 | 2 |
1.880 | 2351 | 1 |
1.895 | 7800 | 1 |
1.900 | 159 | 1 |
Last trade - 15.57pm 30/09/2024 (20 minute delay) ? |
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RAC (ASX) Chart |