Have to agree, Hard to watch the Daily price action but, fundamentally, we're much stronger than this time last year.
SP, wise- we are at 2020 levels.
Biotech has copped a beating last few months, but the bottom shouldn't be too far, IMO.
I have a few speculative specs on my watchlist, they all go through similar roller coaster rides.
I suspect the ones that get to the other end and run hard are the ones that have solid fundamentals.
Without knowing when the news is going to drop, If I was buying at 3.50, I will keep buying at these levels, even though short-term, may go a bit lower. If I was so good at picking bottoms and tops, I would quit my day job and become a trader.
Will patiently wait until the trialed results come out and the company gets sold at the end (between 2 to 2.5 years timeframe).
RAC - Charts & Price Action, page-11577
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Last
$1.45 |
Change
0.030(2.11%) |
Mkt cap ! $247.1M | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.45 | $1.40 | $163.8K | 115.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 31396 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |