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$1.57 race oncology ltd

Daniel purchased $55k worth only 10 weeks ago at $2.75He...

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tonks306511

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16/05/22

11:37

Post #: 61429189
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Originally posted by KingBuzzo: ↑

Just happened to be looking over at PolyNovo (PNV) and David Williams (who is a director of the company) has purchased around 2.5 million shares in the last week or so at prices from the $0.90 up to $1.27. A couple of the other directors have made more modest purchases also. PNV has enjoyed at 60% boost to its share price and added more than $300 million in market cap over that period. So the paper gains they have made as a result of these purchases far exceed the amount invested. Whether that can be sustained is another question of course.

I believe David was involved in the RAC placement at $0.60 per share in July 2020. Does anyone know if he is still on the RAC register?

Also, if we are seeing value at current prices, I would hope that those in the RAC boardroom are too. If any are considering adding to their holding, a little could go a long way here in terms of adding confidence, especially in the absence of other news. We're not in a blackout period at the moment but I acknowledge there could be other price sensitive information of which they are aware which may prevent them from doing so.

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Daniel purchased $55k worth only 10 weeks ago at $2.75
He obviously thought it was a good deal then!

RAC Price at posting: $1.92 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $1.57		Change 0.010(0.64%)		Mkt cap ! $267.5M

Open	High	Low	Value	Volume
$1.58	$1.64	$1.55	$134.0K	84.34K

Buyers (Bids)

No.	Vol.	Price($)
1	6283	$1.57

Sellers (Offers)

Price($)	Vol.	No.
$1.60	6559	2

View Market Depth

No.	Vol.	Price($)
1	6283	1.570
1	3664	1.550
1	1992	1.530
3	32500	1.500
2	3444	1.440

Price($)	Vol.	No.
1.600	6559	2
1.635	1270	1
1.640	3000	1
1.645	10000	1
1.650	9735	2

Last trade - 16.10pm 15/08/2024 (20 minute delay)

RAC (ASX) Chart

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