RAC 1.20% $1.68 race oncology ltd

Assuming the results are positive, I actually think the market's...

  1. 887 Posts.
    lightbulb Created with Sketch. 469
    Assuming the results are positive, I actually think the market's demonstrated lack of understanding about RAC may have a positive impact on the share price. The market doesn't put enough weight on our current preclinicals as we've seen, because they aren't able to contextualise them against Bisantrene's historical in-human results and RAC's contemporary strategy, but I think with this announcement it's quite possible they will see the "in human" aspect of the announcement and give the share price a boost as a result, even though this specific trial isn't the most critical of our in-human trials.

 
watchlist Created with Sketch. Add RAC (ASX) to my watchlist
(20min delay)
Last
$1.68
Change
0.020(1.20%)
Mkt cap ! $286.2M
Open High Low Value Volume
$1.68 $1.68 $1.61 $177.8K 108.9K

Buyers (Bids)

No. Vol. Price($)
1 1100 $1.64
 

Sellers (Offers)

Price($) Vol. No.
$1.68 4999 1
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
RAC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.