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$1.46 race oncology ltd

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

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tonks306511

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149

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 $1.46		Change 0.095(6.96%)		Mkt cap ! $246.1M

Open	High	Low	Value	Volume
$1.35	$1.50	$1.35	$92.04K	65.33K

Buyers (Bids)

No.	Vol.	Price($)
2	2589	$1.45

Sellers (Offers)

Price($)	Vol.	No.
$1.46	986	1

View Market Depth

No.	Vol.	Price($)
2	2589	1.450
2	2100	1.445
2	3500	1.440
2	2205	1.435
1	1000	1.430

Price($)	Vol.	No.
1.460	1000	1
1.470	1194	1
1.475	657	1
1.505	6013	1
1.510	10687	2

Last trade - 12.31pm 06/08/2024 (20 minute delay)

RAC (ASX) Chart