There is still a few basic things the broader RACE team can do to help themselves and improve sentiment among existing shareholders and potentially attract the interest of other shareholders, namely:
- Pete Smith following through with his comments from the AGM regarding his intent to buy RAC shares on-market. If he believes the Triangle Report is credible, what is he waiting for? How cheap does it need to get before he moves?
- Would Pete consider buying a chunk off JC (if he wants to sell more) or alternatively find a soph/insto wanting to take a stake in the company.
- RAC Directors (other than Dr T) exercising options early. The $$ they require to do this is insignificant, so the DCB excuse of 'I can't afford it' should not apply here.
It is going to be a long 5+ months for some investors while the important box ticking goes on behind the scenes to get RC220 approved and clinical trials up and running for H2 - so simple, tangible actions such as the above are important first steps to rebuild shareholder trust after a turbulent 2023.
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Last
$1.55 |
Change
-0.020(1.27%) |
Mkt cap ! $264.0M |
Open | High | Low | Value | Volume |
$1.59 | $1.62 | $1.51 | $218.3K | 138.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 95 | $1.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.55 | 157 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 29100 | 1.500 |
1 | 353 | 1.470 |
2 | 3444 | 1.440 |
3 | 101000 | 1.420 |
4 | 14785 | 1.400 |
Price($) | Vol. | No. |
---|---|---|
1.550 | 157 | 1 |
1.580 | 6715 | 2 |
1.600 | 2319 | 1 |
1.620 | 5327 | 1 |
1.630 | 1270 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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