RAC 1.34% $1.84 race oncology ltd

RAC BB Monday 8/8 (32nd day)5 days vwap (1/8- 5/8) is...

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    RAC BB Monday 8/8 (32nd day)

    5 days vwap (1/8- 5/8) is $2.081

    Monday ===> RAC can buy on the market upto $2.081 + 5% = $2.185 per share.

    Max BB Monday is $2.185decreased 1%
    from last Friday $2.208

    Monday max BB increased + 28%
    From 1st Day (23/6) = $1.705
    To 32nd Day (8/8) = $2.185

    Since BB(31 trading days) Shareprice increased +22%
    From 22/6 = $1.66
    To 5/8 = $2.02

    Notes:
    BG holding around 2.5 million shares (Estimate only).

    BB bought so far total:80,115 shares = $176,709.(Date of cessation 5/8/22)

    BB now has elements of unpredictability.

    In theory the blackout period starts from 17/8 (14 days before the last day of Annual Report 31/8 + Plus 2 days after release). But IMO, RAC would somehow release its annual report in a timely manner to minimise the blackout period so therefore my estimate is that RAC Annual Report would release around 19/8 and hopefully BB would be back in action Monday 22nd Aug.
 
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$1.84
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Buyers (Bids)

No. Vol. Price($)
1 26825 $1.84
 

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Price($) Vol. No.
$1.90 759 1
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