CSL have a market cap of $140 billion. Last year, Imugene hit a market cap of over $4 billion (fully diluted) - equivalent to about $25 a share for RAC - on seemingly nothing but hype. The market will find the money for the right story.
Pursuing an overseas listing is likely to be a distraction with no guarantee of success rather than a quick panacea for the share price. We'll be better off with RAC management focusing on execution (i.e. getting the story right) - commencing (the right) trials, recruiting patients, obtaining clinical results, pursuing partnerships, etc.
CSL have a market cap of $140 billion. Last year, Imugene hit a...
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Last
$1.70 |
Change
-0.140(7.61%) |
Mkt cap ! $289.4M | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.89 | $1.70 | $456.4K | 259.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 8662 | 1 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| RAC (ASX) Chart |