Isn't investing supposed to be fun?
We've spent the last 6 months coiling and putting in a new base on piss all volume. This is a great spot to be in as investors will seek to take a position on the expectation of fundaments being achieved (i.e. before a patient is dosed and before first readout). Good luck building a position after these milestones are achieved (at least not at the current SP).
Those complaining about pip traders and JC selling really need to dwell on the multi-year chart. Both will be irrelevant when volume rolls in.
Over the course of 2020-21 ex Management sold off some ~20m shares.
RAC - Charts & Price Action, page-22121
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Last
$1.68 |
Change
0.020(1.20%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.68 | $1.61 | $177.8K | 108.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1100 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 4999 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RAC (ASX) Chart |