Lots and lots of cap raises across the sector at the moment. Seems a few are setting a solid base as investor fund inflow in. A couple examples have seen share price increase on cap raise as the funds are to get from A to B.
Last time we saw cap raising rounds was in Covid, which took advantage of the pump. Momentum fizzled and dropped like a knife. This time seems different as biotechs are delivering on genuine progress.
could be a nice runway in biotech for the rest of 2024 if this is correct. Any thoughts?
Industry news, page-1727
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Last
$1.61 |
Change
-0.045(2.73%) |
Mkt cap ! $273.5M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.66 | $1.61 | $159.4K | 98.03K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5684 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 2000 | 1 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| RAC (ASX) Chart |