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$1.65 race oncology ltd

General Comments / Chat, page-105

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johndprent

2,581 Posts.

3157

24/02/20

11:42

Post #: 43109257
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Originally posted by maxybro: ↑

Looks like there might be no answer from @RaceOncology , which I can totally understand.

RAC had under $1m in cash when it decided to raise capital back in August 2019. Given the recent spike in the share price, in my opinion a capital raise is coming, its just a matter of when. If I had to guess I'd say it will be within a month or even sooner.

Personally I wouldn't buy it now and if I could I would short here as I think minimum 20% retracement is on the cards. If anyone has found a broker that allows shorting in this stock, please let me know.

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You aren't going to buy it cheaper when the only perceived negative is taken off the table and we've got funded trials ahead of us.

Bought the dip.

RAC Price at posting: 45.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.65		Change 0.100(6.45%)		Mkt cap ! $274.5M

Open	High	Low	Value	Volume
$1.65	$1.75	$1.61	$687.0K	410.0K

Buyers (Bids)

No.	Vol.	Price($)
1	3047	$1.65

Sellers (Offers)

Price($)	Vol.	No.
$1.70	18354	2

View Market Depth

No.	Vol.	Price($)
1	3047	1.650
1	305	1.640
1	34	1.630
1	21000	1.625
2	4342	1.620

Price($)	Vol.	No.
1.700	500	1
1.710	7000	1
1.720	1110	1
1.740	3030	1
1.745	1724	1

Last trade - 16.10pm 14/05/2024 (20 minute delay)


Last $1.67			Change 0.100 ( 8.61 %)
Open	High		Low	Volume
$1.64	$1.73		$1.63	33428
Last updated 15.54pm 14/05/2024 ?

RAC (ASX) Chart