It’s a macro sell-off. Unfortunately RCEL got caught in the biotech tide. I’ve been watching, and RCEL seems to move when XBI moves. Macro-driven sell-offs are a thing. Sometimes fundamentals take a backseat to macroeconomic factors. Both charts look strikingly similar.
Enterprise Value, page-174
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Last
$2.73 |
Change
-0.200(6.83%) |
Mkt cap ! $185.9M | |||
| Open | High | Low | Value | Volume |
| $2.70 | $2.77 | $2.63 | $1.420M | 521.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3075 | $2.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.73 | 45063 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| AVH (ASX) Chart |