RAC Primer, page-396

First 396 Last

Share
Profile

Follow
Waynecarey

276 Posts.

139

30/05/21

17:10

Post #: 53519252
Share

Originally posted by ma420: ↑

Not directed at anyone but related to what you have posted.

FOMO just like the Oz Real estate market or cryptocurrency is not helpful to oneself. In my suburb houses are selling for more than 25-40% from their previous highs a couple of years ago and there no overseas buyers coming over the weekend to buy whole apartment buildings. Newer suburbs are being established and new cryptos are being issued, and Bitcoin too can extend supply if they really want it, so the limited supply is a myth mostly.

The only difference with Race is mgmt’s reluctance to dilute the register that holds down the supply of SOI despite huge demand and recent CR. This strict control on Race SOI would definitely cause a demand spike from time to time, and I am guessing that higher the price, lower will be the traded volume. Also, as we get more positive trial anns, people will think that we are getting closer to knocking on big pharma which will both result in an increased SP with hope for a transaction. So again SH may be reluctant to trade due to CGT reasons forcing the volume down to a trickle.

So the question then becomes will one buy early no matter the price and hold for CGT discount or, trade their holdings or wait to purchase shares after more positive trial news but may be less than 12 months for the CGT window?

I have tried to buy and hold as pennies of SP movement (waiting for current SP to go down by a few cents) could cost dollars in CGT or lost opportunity later.

Expand

Bitcoin can extend supply? Righto.

RAC Price at posting: $3.43 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

PAM

PAM secures high-grade Chilean copper play in strong territory

IVZ

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

BIO

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

AZL

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

BOE

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

There are more pages in this discussion • 126 more messages in this thread...

First 396 Last

Add RAC (ASX) to my watchlist

(20min delay)
Last $1.61		Change 0.000(0.00%)		Mkt cap ! $273.4M

Open	High	Low	Value	Volume
$1.61	$1.66	$1.60	$207.2K	127.1K

Buyers (Bids)

No.	Vol.	Price($)
6	25510	$1.60

Sellers (Offers)

Price($)	Vol.	No.
$1.64	12000	1

View Market Depth

No.	Vol.	Price($)
6	25510	1.600
1	31000	1.590
1	10000	1.585
2	8233	1.560
4	15571	1.550

Price($)	Vol.	No.
1.640	12000	1
1.655	858	1
1.665	352	1
1.670	1845	1
1.690	1085	2

Last trade - 15.49pm 29/07/2024 (20 minute delay)

RAC (ASX) Chart

RAC Primer, page-396

PAM secures high-grade Chilean copper play in strong territory

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

RAC Primer, page-396

Top Stories

PAM secures high-grade Chilean copper play in strong territory

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News