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$1.59 race oncology ltd

think it was everyone dumping because no deal was announced at...

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Boffin99

2,740 Posts.

2832

24/11/22

22:07

Post #: 64976408
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Originally posted by strateg1c8: ↑

Take a look at the last two days and prior. Yes, we got smashed, -7% in a day, and then the swing yesterday is not nice to watch, but I'm still holding. I'm sure management are just as frustrated, but part of their job is to execute and see that translate to the SP which would be a different type of frustration. Sure they have put money on the table themselves, but they also take a salary and plenty of investors here have put plenty on the table. I'm not complaining about that, just raising that it would invoke different feelings.

Personally, I think we should be trading a lot closer, if not more than $3 at this point in time. Would be great to see the BB raised a little, but then that could cause other issues down the track as well.

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think it was everyone dumping because no deal was announced at the AGM. From memory last year it was advised deal is 2-3 years away and we are currently 1 year in.

Also plenty of cash in the bank so R&D intensity building up. Set up nicely for 2023, with multi trial P2 readouts across 3-4 trials.

Preclinical stage coming to an end, clinical trail phase is underway then we progress to deal phase.

Last edited by Boffin99: 24/11/22

RAC Price at posting: $2.13 Sentiment: Buy Disclosure: Held
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Last $1.59		Change 0.025(1.60%)		Mkt cap ! $270.0M

Open	High	Low	Value	Volume
$1.58	$1.59	$1.58	$8.754K	5.525K

Buyers (Bids)

No.	Vol.	Price($)
2	756	$1.57

Sellers (Offers)

Price($)	Vol.	No.
$1.58	602	2

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No.	Vol.	Price($)
2	756	1.570
1	4862	1.555
1	645	1.550
2	5200	1.540
1	595	1.535

Price($)	Vol.	No.
1.580	602	2
1.590	2031	2
1.600	705	2
1.615	6419	1
1.620	617	1

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