The company would be in breach of ASX rules to not disclose bad news for 9+ months.
My two bobs worth is that there are negotiations underway with a potential partner. Could be for trials, licensing or even (unlikely) staged buyout.
The delay is due to lawyers and/or the other party doing their due diligence, which might even involve them doing their own preclinicals to verify RACs claims.
The company would be in breach of ASX rules to not disclose bad...
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Last
$1.38 |
Change
0.105(8.27%) |
Mkt cap ! $235.4M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.45 | $1.35 | $251.4K | 181.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6039 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 6676 | 1 |
View Market Depth
| Last trade - 15.15pm 19/06/2025 (20 minute delay) ? |
| RAC (ASX) Chart |