RAC 1.11% $1.83 race oncology ltd

RAC - Charts & Price Action, page-20582

  1. 2,664 Posts.
    lightbulb Created with Sketch. 3252
    Very few genuine sellers here. The bot selling of Craganorig (JC's USA/LLC holding) looks to have ceased the past couple of days. 15,790,175 shares have traded since JC started selling in November. The bot arbitrarily sold 10-15% of daily volume so this holding may very well have been expunged. Will be interesting to see if selling from his AU holdings now commences - perhaps he'll wait for the new tax year.

    Buyers seem to be anchoring the SP against the $.75 options. In reality, they should be looking at $3 as a near term target. Not sure why any holder that funded the $3 CPACS raise would look to exit right before the trial commences, aside from option conversion. Still think this is part of a larger FOMO rally and we continue to rerate through to trial commencement.

    Higher low playing out, my order at $1.38 was only partially filled.

    https://hotcopper.com.au/data/attachments/6112/6112621-f71b671d0a42363ded2a8750dc856c1f.jpg

 
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Last
$1.83
Change
0.020(1.11%)
Mkt cap ! $310.7M
Open High Low Value Volume
$1.81 $1.83 $1.79 $142.0K 78.77K

Buyers (Bids)

No. Vol. Price($)
1 500 $1.81
 

Sellers (Offers)

Price($) Vol. No.
$1.83 641 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
RAC (ASX) Chart
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