RAC 1.87% $1.84 race oncology ltd

RAC - Charts & Price Action, page-15517

  1. 5,596 Posts.
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    Well with my analysis with what we should be trading currently,
    With all the trials and what was done years ago if we had to do it now would cost $500,000,000 so RAC has saved that money with testing already done.

    Don't forget we can use the historical data for FDA approval.

    we have a market cap of about 300m
    So don't need to be a rocket scientist to know we should be around $3 just on that alone.
    For some reason people keep dismissing that saving!
    Now we hit $4.20 with the news of FTO and cardio protection so I gave it a conservative price of $3 that gives you $6

    No one knows we're it will go 100% as this is something new for all but $6 minimum in my view.

    like it or not that's my dart board analysis if you have a better way of doing it, I would like to hear it
    Anyway, with 216,000 shares I think I'm the one that's going to be laughing at the end
 
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Last
$1.84
Change
-0.035(1.87%)
Mkt cap ! $308.3M
Open High Low Value Volume
$1.88 $1.88 $1.79 $130.3K 71.27K

Buyers (Bids)

No. Vol. Price($)
1 1300 $1.83
 

Sellers (Offers)

Price($) Vol. No.
$1.84 500 1
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Last trade - 14.19pm 18/07/2024 (20 minute delay) ?
RAC (ASX) Chart
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