That's just not true. Look at the other biotech today and see what real buyer interest can do to a SP.
To be honest , I think we have provided plenty of excuses to the Race Management ( BG selling , Biotech downturn ) .
When it's convenient , we are told Race is one of the few companies in the ASX that leads in shareholder communication , other times we are told Race is an iceberg. Meanwhile we have board infighting , trial delays , strategies rewritten and thrown out like toilet paper.
When the SP goes down , we are told its because RI are selling when they should be holding because management is looking out in their best interest.
While I eagerly await the new strategy , I will be looking to see if there are dates provided so that we can all view how consistent Race is executing against the new strategy.
Excuse the rant , I am just tired of seeing people blame the crappy SP on anyone else except the Board.
That's just not true. Look at the other biotech today and see...
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Last
$1.22 |
Change
-0.010(0.81%) |
Mkt cap ! $202.7M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.26 | $1.14 | $381.6K | 320.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 2171 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.010 ( 5.54 %) |
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| Open | High | Low | Volume | ||
| $1.23 | $1.23 | $1.14 | 48407 | ||
| Last updated 15.52pm 03/05/2024 ? | |||||
| RAC (ASX) Chart |