IMO:
1) Broader market thinks we're a Phase 1 drug - they don't understand how de risked we are or how much historical data is out there
2) Market maybe not hearing enough about potential valuation or market size - leading to confusion about valuation
3) May need to re-bang the drum on the story - we're all familiar here, and excited, but how do we reduce the friction for new investors, so they don't have to spend 3-4 weeks obsessively digging through this forum and other information sources to understand? We need a way to help them understand the big points very quickly and very clearly.
I think biotech investors are broadly concerned with upside potential, and downside mitigation...we have both in spades. I threw together this graphic in a couple mins to illustrate. Apologies in advance lol I'm a management consultant day to day.
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RAC
race oncology ltd
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$1.18

RAC - Charts & Price Action, page-26293
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Last
$1.18 |
Change
-0.025(2.08%) |
Mkt cap ! $204.1M |
Open | High | Low | Value | Volume |
$1.22 | $1.22 | $1.17 | $130.6K | 109.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10250 | $1.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.21 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10250 | 1.150 |
3 | 7910 | 1.130 |
1 | 800 | 1.115 |
4 | 19650 | 1.110 |
4 | 23909 | 1.100 |
Price($) | Vol. | No. |
---|---|---|
1.210 | 2000 | 1 |
1.220 | 7686 | 3 |
1.230 | 2605 | 2 |
1.250 | 4319 | 2 |
1.280 | 4060 | 1 |
Last trade - 15.58pm 30/06/2025 (20 minute delay) ? |
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RAC (ASX) Chart |