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1.11% $1.83 race oncology ltd

RAC - Charts & Price Action, page-18981

  1. johndprent
    2,664 Posts.
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    01/02/24
    10:51
    Post #: 72179974
    Interesting to chart the correlation of holders to the SP (it's a shame this data was never reported on prior to Sheba 1.0/COH).

    The previous quarter is only the second instance in which holders have increased while the share price decreased (the first being the top/ATH in Q2 '21). While not reflected in the SP, it could certainly be a leading indicator of recovery. Will be interesting to look back in 12 months to see if this scenario has predicated the top and the bottom.

    https://hotcopper.com.au/data/attachments/5927/5927116-24b4a837e39eca00cd5ea0d618b0578b.jpg

    RAC Price at posting: 68.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 6  Great analysis
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