If this trial they are raising funds for ends up, surprisingly, as one of the main catalysts to progress to pharma buyout then I will think back on some of the nay sayers today and hope they regret some of the fairly naive comments. It's like they think they might have just discovered something commercially massive and need the funds to prove it more completely. IMO the potential this CR will unlock is going to be massive. Dilution yeah yeah, SPP blah blah. Copy paste response to other CRs without thinking about the specifics of RAC. This is a situation where the big picture should (but probably wont) drive SP in the short term to weather yesterdays spike and potential pullback. $30m in the scheme of the company it peanuts but peanuts they need now. I only wish I had $30k spare.
If this trial they are raising funds for ends up, surprisingly,...
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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 |