Hey mate, I wouldn't be too concerned. Based on history, RAC are currently outperforming previous pullbacks (47%, 61%, and 71% for run 1, 2, and 3, respectively). New low point of 3.81 is still above 90% of the previous high of 4.23, which is incredible. Realistically, we could hit $3.38 and it would still be well within 'normal' price movements - I don't think it will get there. I imagine the preclinical breast cancer results and announcements to come will act as a spring for when this thing is ready to run again.
All IMO - DYOR
General Comments / Chat, page-2220
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Last
$1.44 |
Change
0.040(2.86%) |
Mkt cap ! $245.3M | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.49 | $1.41 | $101.7K | 69.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9216 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 7767 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |