RAC 3.17% $1.53 race oncology ltd

The general quote goes something like "past performance is not...

  1. 2,809 Posts.
    lightbulb Created with Sketch. 2506
    The general quote goes something like "past performance is not an indicator of future performance", but studies by people including Daniel Kahneman have found that statistically "current performance" (which is actually recently past performance) is in fact the best indicator of near term future performance.

    With that in mind, the last 6 months, which has largely been preparation for execution in the next 6 months, has seen the share price multiply by 2.35; the same performance over the next 6 months would see us comfortably over $3

    With lots of great news scheduled for the next 6 months, I hope you'll agree that there are a range of factors that could make predictions of $3 by year's end a walk in the park, and which is anything but ridiculous.
 
watchlist Created with Sketch. Add RAC (ASX) to my watchlist
(20min delay)
Last
$1.53
Change
-0.050(3.17%)
Mkt cap ! $259.9M
Open High Low Value Volume
$1.58 $1.59 $1.51 $174.6K 113.0K

Buyers (Bids)

No. Vol. Price($)
1 2372 $1.53
 

Sellers (Offers)

Price($) Vol. No.
$1.59 141 1
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
RAC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.