Personal opinion here, but I would say it a combination of factors:
1. Reduction in selling pressure from seller paying for options.
2. General optimism about biotech - DXB, CU6 and TLX are all doing very well.
3. Relief that the bonus option scheme was a success taking away fears of a capital raise.
4. Knowledge that the AML trial is now going to be funded.
RAC - Charts & Price Action, page-21113
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Last
$1.80 |
Change
0.045(2.57%) |
Mkt cap ! $302.3M | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.82 | $1.78 | $39.09K | 21.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5617 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 3199 | 3 |
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| Last trade - 11.47am 10/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |