In an article on fortune.com a couple of interesting points in the last two paragraphs
https://fortune.com/2022/02/14/investors-biotech-stocks-covid-19-pandemic/
Experienced investors and analysts say they’ve lived through plenty of painful periods before. Bardon and MPM co-founder Ansbert Gadicke compare the experience to hibernating bears: The companies that are well prepared will survive to see the spring and the older bears, the experienced investors, who have experienced winters before know that this one will eventually end as well.
“If you’re a good company with good science with a good business model, you’ll make it through,” said Brad Loncar, the Loncar Investments chief executive. “If you’re just based off a PowerPoint deck that’s hopes and dreams, you might be in some trouble.”
RAC is not just a PowerPoint deck
It has fully funded trails for 2022
GLTAHReally love that sentiment and feel the same way
RAC - Charts & Price Action, page-11101
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Last
$1.94 |
Change
0.055(2.92%) |
Mkt cap ! $330.4M | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.96 | $1.85 | $333.0K | 174.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3105 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 7574 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |