For some perspective on how undervalued RAC would seem to be at this point, Imugene added $170 million of market capitalisation today (at closing price, intra-day it was up $230 million) - now $1.17 billion total market cap. They released an announcement regarding dosing the first patient in a phase 1 trial that will run for 2 years (there was no mention of early readouts, but I guess it's possible).
RACs total market capitalisation is currently about $270 million.
For some perspective on how undervalued RAC would seem to be at...
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Last
$1.65 |
Change
-0.095(5.44%) |
Mkt cap ! $281.0M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.78 | $1.62 | $285.9K | 170.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16759 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 12047 | 1 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |