What's the equivalent of FOMO for people selling out instead of buying in? FOGO - Fear of getting out?
Good run up to $1.19, then decent pull back to ~$1.00 to finish the day out.
A TA question for the more knowledgeable - I'm guessing we'll see a sell off tomorrow morning to cover any transactions?
@Kobe99 - RAC announcement two weeks ago said they will evaluate the COH study over the next weeks and months. I believe it could happen any day, however depending on the wording it really shouldn't have a big impact on share price as the information is already readily available to the market through COH. More unknown market sensitive information such as IND, acceptance from IRB, IP patents for combo, pre-clinical for breast cancer combination, further 2As, etc will all hopefully come over the next days/weeks/months. These all independently should provide additional 'de-risked' value to the share price.
RAC - Charts & Price Action, page-16
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Last
$1.61 |
Change
-0.055(3.31%) |
Mkt cap ! $273.4M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.68 | $1.61 | $271.5K | 166.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1996 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 1305 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |