JDP what are your thoughts on price action between now and the end of the financial year?
My 2 cents worth, a build up to $2 before Tox and Safety studies results wouldn't be out of the question. If RC220 is given the go ahead for human use that would be a driver to get SP back over $3 (first CP announce price zone). After that, if the clinical trial design can give an indication of TAM, RAC might actually start to get a SP that reflects the true value/risk opportunity that is available.
JDP what are your thoughts on price action between now and the...
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Last
$1.89 |
Change
0.120(6.80%) |
Mkt cap ! $321.0M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.93 | $1.78 | $563.4K | 302.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 108 | $1.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 4926 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |