As you have referred to a buy out analogy can you tell us , in your experience, at what stage of development could RAC be a realistic target ?
Are there examples out there of very early buyouts in this sector ?
Bisantrene seems to be a very promising drug .
Im perhaps trying to work out the “safest” entry point to the stock
I am very aware the returns can be better the earlier you enter , am also aware it takes many trials , money(raisings) etc to develop .
( an example is the recent PAR thread )
ASH2023 - Sheba 2.0, page-129
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Last
$1.55 |
Change
-0.070(4.32%) |
Mkt cap ! $264.0M | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.65 | $1.54 | $145.6K | 91.60K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5700 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 296 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |