The poster was referring to other biotechs rerating.
While RAC keeps getting smashed. I guess I'd ask, where should the SP be sitting?
My interpretation is anything from $2-$3 is about right for now.
I don't think new investors have seen anything major to buy in yet. If they did, we'd above that range people refer to around the SPP (high 2's)
RAC - Charts & Price Action, page-14342
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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 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |