RAC 0.60% $1.69 race oncology ltd

General Comments / Chat, page-2220

  1. 1,144 Posts.
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    Hey mate, I wouldn't be too concerned. Based on history, RAC are currently outperforming previous pullbacks (47%, 61%, and 71% for run 1, 2, and 3, respectively). New low point of 3.81 is still above 90% of the previous high of 4.23, which is incredible. Realistically, we could hit $3.38 and it would still be well within 'normal' price movements - I don't think it will get there. I imagine the preclinical breast cancer results and announcements to come will act as a spring for when this thing is ready to run again.

    https://hotcopper.com.au/data/attachments/3027/3027094-dffa6ece9b64ca286ec5aa67978f4851.jpg

    All IMO - DYOR
 
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