Australia's largest stock trading and investment forum Australia's #1 stock forum

RAC

Click for more information

0.00%

$1.61 race oncology ltd

Do you identify as a robot these days?

First 25 Last

Share
Profile

Follow
djbenton75

3,274 Posts.

351

09/11/23

10:48

Post #: 70803783
Share

Originally posted by SocialEddy: ↑

Race Oncology is a biotech company that faces many variables that affect its share price. Some of these variables are within its control, such as clinical trial results, regulatory approvals, patents, partnerships, and financial health. Others are beyond its control, such as market potential, competition, technological advances, and macro-economic factors. These variables can have positive or negative effects on the share price, depending on how they interact with each other.I think Race Oncology had a good run in the past when money was cheap and politics was stable (no war). I remember a spike in its share price due to a Reddit poster who bet his savings on it. However, now money is expensive, biotech is competitive, and we have wars going on. Investors are cautious with their money. Good results may attract some investors, but I don’t think they will be as generous as before.I don’t think it’s fair to compare Race Oncology and Imugene. They are very different biotech companies, and the only thing they have in common is that they are both in the same sector. I hope Imugene succeeds, as their drug may benefit me, my friends, or my family in the future.

Expand

Do you identify as a robot these days?

RAC Price at posting: $1.06 Sentiment: None Disclosure: Held
10 Upvote

1 Great analysis

Reply

Top Stories

AZL

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

PAM

PAM secures high-grade Chilean copper play in strong territory

IVZ

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

BOE

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

BIO

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

There are more pages in this discussion • 77 more messages in this thread...

First 25 Last

Add RAC (ASX) to my watchlist

(20min delay)
Last $1.61		Change 0.000(0.00%)		Mkt cap ! $273.4M

Open	High	Low	Value	Volume
$1.61	$1.66	$1.60	$207.2K	127.1K

Buyers (Bids)

No.	Vol.	Price($)
6	25510	$1.60

Sellers (Offers)

Price($)	Vol.	No.
$1.64	12000	1

View Market Depth

No.	Vol.	Price($)
6	25510	1.600
1	31000	1.590
1	10000	1.585
2	8233	1.560
4	15571	1.550

Price($)	Vol.	No.
1.640	12000	1
1.655	858	1
1.665	352	1
1.670	1845	1
1.690	1085	2

Last trade - 15.49pm 29/07/2024 (20 minute delay)

RAC (ASX) Chart