RAC 0.81% $1.22 race oncology ltd

My latest musings, for fun only - note my crystal balling has...

  1. 357 Posts.
    lightbulb Created with Sketch. 61


    My latest musings, for fun only - note my crystal balling has never really been on point!

    I'm going to play devil's advocate and say I don't really follow the fomo argument at the moment. Yes, we are finally (hopefully) entering the clinic in H2 (woohoo). Will we kick off trials from 1 July? Obviously No. Ethics, governance for sites etc, this takes time. My guess is we won't see first patient dosed until Q4 CY24. We will then need to have dosed a decent volume of patients before we (SHs) even get visibility of first readouts - late H1 CY25?

    Next major known announcement is tox study completion end of Q2 CY24. Suspect further hovering until then, maybe a drift to re-test breakout of the basing zone (1.15ish?), followed by another push up in Q3 CY24.

    Anyway...the chart ...

    Watch it rip the next week
 
watchlist Created with Sketch. Add RAC (ASX) to my watchlist
(20min delay)
Last
$1.22
Change
-0.010(0.81%)
Mkt cap ! $202.7M
Open High Low Value Volume
$1.26 $1.26 $1.14 $381.6K 320.3K

Buyers (Bids)

No. Vol. Price($)
1 7000 $1.17
 

Sellers (Offers)

Price($) Vol. No.
$1.22 2171 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$1.17
  Change
-0.010 ( 5.54 %)
Open High Low Volume
$1.23 $1.23 $1.14 48407
Last updated 15.52pm 03/05/2024 ?
RAC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.