I agree with this. Anyone in RAC for the last few years has been anticipating RAC sponsored clinical trials since the SPP. Now we are rapidly approaching entering the clinic with what appears to be an incredible asset, RC220. Those who funded the SPP won't be selling now and know that fair value of RAC should be significantly north of the $3 SPP raise, so I expect little resistance.
Along with the momentum of clinical milestones and increased awareness, I think we're really heading into the space where the low SOI plays into our favour as it will get increasingly difficult and expensive to build a position as the reality of RC220 dawns on the market; per todays updated deck, a proven, previously approved and safe drug with a new multi-billion dollar market.
Good luck holders, our patience will be rewarded and patients will hopefully have access to this incredible drug.
- Forums
- ASX - By Stock
- RAC - Charts & Price Action
I agree with this. Anyone in RAC for the last few years has been...
-
- There are more pages in this discussion • 867 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAC (ASX) to my watchlist
|
|||||
Last
$1.57 |
Change
0.020(1.29%) |
Mkt cap ! $260.6M |
Open | High | Low | Value | Volume |
$1.55 | $1.58 | $1.53 | $73.90K | 47.55K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2049 | $1.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.58 | 1937 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2049 | 1.555 |
3 | 6015 | 1.550 |
3 | 7738 | 1.545 |
2 | 1216 | 1.525 |
2 | 1950 | 1.520 |
Price($) | Vol. | No. |
---|---|---|
1.575 | 1937 | 2 |
1.580 | 6559 | 3 |
1.585 | 542 | 1 |
1.590 | 2500 | 1 |
1.620 | 2050 | 1 |
Last trade - 11.32am 01/08/2024 (20 minute delay) ? |
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus
RAC (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online