- Totally agree with this.
But my worry has shifted from
Am I confident in the signs that this drug works, and that will become widely used in cancer treatment (leading to a buyout)?
to:
It seems very possible to have a super duper cancer drug worth billions that may even get bought out, but never achieves the share price it should. (Like many, or even most, people here I am seriously hoping for a few bags from this haha)
And it seems like it could all be done by 2023, or if not 2024. So the current low market cap is a real worry.
Plus
Bear markets
Covid delays
Australian not being a great place for biotech investments
Im not selling a single share but I’m more doubtful than I was.
If RAC proves itself as an effective drug, how likely is it that will lead to a big pharma bidding war?
Seems logical, but sometimes the way big money works is surprising and even corrupt to me.
Totally agree with this.But my worry has shifted fromAm I...
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Last
$1.41 |
Change
0.095(7.22%) |
Mkt cap ! $234.3M | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.41 | $1.32 | $249.8K | 182.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2826 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 40000 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$1.37 |
Change
0.095 ( 6.64 %) |
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| Open | High | Low | Volume | ||
| $1.34 | $1.41 | $1.32 | 16145 | ||
| Last updated 15.53pm 10/05/2024 ? | |||||
| RAC (ASX) Chart |