I love all the differing research and views posted on the various RAC threads, and the respect shown by readers to those views.
My views:
> I am not nibble enough to pick tops and bottoms.
(You know what they say... the only thing you get when you try to pick a bottom, is a smelly finger! )
> RAC is for holding; not for trading (IMO, due to the very tightly held nature of the share register)
> I don't want to be "out" of this stock because of its recent history of upside surprises:
- Israel trial result (many here were expecting a delay)
- unexpected/ unsolicited cap raise from prominent biotech investors.
- imagine if you at out and there comes an announcement of a partnership approach by big pharma?
Attaching Dr Tillett's recent post on another RAC thread.
RAC - Charts & Price Action, page-121
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 (20min delay)
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Last
$1.29 |
Change
-0.015(1.15%) |
Mkt cap ! $213.9M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.35 | $1.28 | $34.20K | 26.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1975 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 1824 | 1 |
View Market Depth
| Last trade - 16.10pm 24/04/2024 (20 minute delay) ? |
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Last
$1.31 |
Change
-0.015 ( 0.38 %) |
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| Open | High | Low | Volume | ||
| $1.32 | $1.35 | $1.28 | 9710 | ||
| Last updated 15.59pm 24/04/2024 ? | |||||
| RAC (ASX) Chart |