The reality is that investing is a confidence game. The more that enter the market the more the SP rises and then more people get in leading to an upward spiral. Therefore the first phase is important to get the ball rolling. The M&A in US has started ahead of the JPM Conference. FDA approvals are coming. It is looking like the worst biotech winter is thawing. It might take a couple of months for the sentiment to seep into the Aussie market. Let’s hope there are no dampeners in the interim. And when the RC220 arrives and the phase 1a/2 kicks off let’s hope the sentiment has truly turned and held back by end of year loss booking etc.
The reality is that investing is a confidence game. The more...
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Last
$1.69 |
Change
0.000(0.00%) |
Mkt cap ! $288.0M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.69 | $1.57 | $387.6K | 237.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 807 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 2376 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RAC (ASX) Chart |