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2.23%

$1.75 race oncology ltd

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ttppxx

98 Posts.

68

12/05/24

10:14

Post #: 73782901
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Originally posted by ttppxx: ↑

Does advertising benefit the share present? YES!
Does the company benefit from a rising share price? YES!

Publicity (free, paid, bad, etc) increases familiarity with the stock.

Familiarity generates interest in the stock and the science behind it.

The science in particular, then attracts long term investing: both retail, and sophisticated.

An increase in Buying pushes the share price upwards.

When the time comes for a cash raise, the company raises at a higher share price than what it would have done when it's sp was lower (meaning, fewer shares issued = less dilution). Also, cash raise get well supported when the interest is high, including by new sophs.

Strong science, with a lot of money in the bank: A dream scenario for any biotec.

So, the company coffers do end up with more money as a result.

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RAC Price at posting: $1.41 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.75		Change -0.040(2.23%)		Mkt cap ! $297.9M

Open	High	Low	Value	Volume
$1.79	$1.79	$1.72	$146.2K	83.61K

Buyers (Bids)

No.	Vol.	Price($)
1	2901	$1.73

Sellers (Offers)

Price($)	Vol.	No.
$1.75	994	1

View Market Depth

No.	Vol.	Price($)
1	2901	1.730
1	644	1.725
2	4039	1.720
1	538	1.715
1	1281	1.710

Price($)	Vol.	No.
1.750	994	1
1.760	1961	2
1.765	5000	1
1.770	30	1
1.780	5000	1

Last trade - 16.10pm 17/06/2024 (20 minute delay)


Last $1.74			Change -0.040 ( 1.51 %)
Open	High		Low	Volume
$1.76	$1.77		$1.72	23546
Last updated 15.56pm 17/06/2024 ?

RAC (ASX) Chart

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