IMO @Davisite is spinning the wrong narrative (disgruntled ex-directors).
It's really just been disgruntled shareholders (a minority). We should be leaning into this. The RC220 program opportunity was so enormous that it couldn't be denied. The de-prioritisation (shelving) of RC110 frustrated retail holders with shorter investment horizons.
The positive, RC220 is now about to hit the clinic. RAC is back where it was 2-3 years ago but with a far greater TAM. The market hasn't cottoned on to this fact.
Ann: Race In-person Investor Briefing Invitation Perth, page-48
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Last
$1.55 |
Change
0.050(3.33%) |
Mkt cap ! $264.0M | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.55 | $1.49 | $86.32K | 57.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4520 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 2259 | 1 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |