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$2.03 race oncology ltd

Ann: Quarterly Activity Report & Appendix 4C, page-36

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Boffin99

2,579 Posts.

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18/04/24

22:23

Post #: 73415932
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Originally posted by michelle68: ↑

A lot to like

Movements compared to the last quarter are shown below - increases in all categories pretty much all around. A 5.5% increase in the number of shareholders overall (largest increase here is within 1-5000 share categories), reflecting the renewed interest in Race this quarter that has been evident as activities ramp up. The lambo club continue to accumulate and increase in numbers (bullish). Increase in total number of shares at the lower end will be attributable to exercise of bonus options.
Always my favourite statistic -under 20% of the total number of shareholders hold 91.4% of the value of Race (last quarter this was 91.5% so a very minor movement due to the increase in shareholder numbers at the lower end). These longs won't be letting go easily.

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Good observations @michelle68 if 20% of shareholders own 91%+ then the success of the options relies on a few. T20 alone control 35% and based on @TIAA2020 oppie conversion schedule (to date), we need the board plus 35% to convert + Board. Relying on the few to get the oppies across the finish line, fingers crossed.

Last edited by Boffin99: 18/04/24

RAC Price at posting: $1.39 Sentiment: Buy Disclosure: Held
16 Upvote

0 Great analysis

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(20min delay)
Last $2.03		Change 0.020(1.00%)		Mkt cap ! $342.2M

Open	High	Low	Value	Volume
$2.04	$2.04	$2.03	$62.6K	30.70K

Buyers (Bids)

No.	Vol.	Price($)
1	300	$2.03

Sellers (Offers)

Price($)	Vol.	No.
$2.07	4034	1

View Market Depth

No.	Vol.	Price($)
1	5000	2.100
1	817	2.070
1	485	2.060
3	27	2.050
6	5800	2.040

Price($)	Vol.	No.
1.950	1800	1
1.980	3737	3
2.000	1200	1
2.010	79	1
2.020	3288	1

Last trade - 10.09am 19/06/2024 (20 minute delay)

RAC (ASX) Chart

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