Want to name some of these sticky and deep pocketed institutional investors? Would these be the same ones that recently “invested” in IMU and CU6?
The simple truth is in Australia there really are no long term institutional investors for speculative biotechs. Almost all the institutional investors are just looking to grab cheap shares and flip them onto retail. There are the rare exceptions, but they are truely rare.
RAC Price at posting:
97.0¢ Sentiment: Buy Disclosure: Held
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