Wrong question. Perhaps draw your attention to top of Page 3, a post from @RitzyBusiness, where he tells us about his bottom picking skills.
Everything Ritzy said is current now. Read it first, then consider City of Hope's findings & the many more eyes on us, courtesy David's following.
So you wait for 85c, or sell today to buy back 10% cheaper, and I'm guessing you may succeed once, twice, or three times - well done. On the 4th attempt, you sell and wake up to a trading halt, a pathetic offer from J & J at 100% premium, cash offer $2, which we promptly reject. You now know RAC will not trade below $2 again, and you hold zero. Don't try to over analyze the price, just enjoy the ride. I bought some over $1 recently and could not care less. I will not sell, buy on dips, and let Race Oncology do what they do best.
DYOR
RAC - Charts & Price Action, page-277
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Last
$1.61 |
Change
-0.055(3.31%) |
Mkt cap ! $273.4M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.68 | $1.61 | $271.5K | 166.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1996 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 1305 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |