As you have referred to a buy out analogy can you tell us , in your experience, at what stage of development could RAC be a realistic target ?
Are there examples out there of very early buyouts in this sector ?
Bisantrene seems to be a very promising drug .
Im perhaps trying to work out the “safest” entry point to the stock
I am very aware the returns can be better the earlier you enter , am also aware it takes many trials , money(raisings) etc to develop .
( an example is the recent PAR thread )
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Last
$1.47 |
Change
-0.005(0.34%) |
Mkt cap ! $249.7M |
Open | High | Low | Value | Volume |
$1.48 | $1.50 | $1.46 | $129.2K | 87.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7418 | $1.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.49 | 38353 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7418 | 1.465 |
1 | 11000 | 1.460 |
1 | 13000 | 1.455 |
4 | 47100 | 1.450 |
2 | 25548 | 1.440 |
Price($) | Vol. | No. |
---|---|---|
1.490 | 38353 | 1 |
1.525 | 1000 | 1 |
1.535 | 2285 | 1 |
1.575 | 2000 | 1 |
1.580 | 12717 | 2 |
Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
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RAC (ASX) Chart |