I agree that it shouldn't be the case, but it will inevitably result from being listed on the ASX. The market here is shaped by an unsophisticated investor pool that often struggles to value companies based on their future potential or projected revenues. As a result, market caps are always subdued, and there's a prevailing mentality that equates high market caps with no revenue as being overvalued.
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RAC
race oncology ltd
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1.11%
!
$1.34

RAC - Charts & Price Action, page-25400
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Last
$1.34 |
Change
-0.015(1.11%) |
Mkt cap ! $231.9M |
Open | High | Low | Value | Volume |
$1.35 | $1.36 | $1.31 | $132.3K | 98.59K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | $1.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.34 | 10069 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1849 | 1.310 |
1 | 2000 | 1.305 |
1 | 5000 | 1.290 |
3 | 21173 | 1.280 |
1 | 7843 | 1.275 |
Price($) | Vol. | No. |
---|---|---|
1.335 | 10069 | 2 |
1.385 | 2000 | 1 |
1.390 | 11231 | 2 |
1.400 | 7060 | 2 |
1.415 | 14775 | 1 |
Last trade - 15.54pm 20/06/2025 (20 minute delay) ? |
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RAC (ASX) Chart |