I would note - to take into account that everything changed , *RAC re-rate from late June / into July when also the COH study on bisantrene came to light .
( they had gone to such lengths to seek to disguise bisantrene as the drug - but in major publications , the actual drug names / identify must be given and used . )
This was significant work by COH .
The Sheba trial results were chosen as a paper / poster presentation at the ASH conference at the end of 2020 also.
My point is that late June & into July 2020 was a major turning point for RAC : really like a new starting point for your charts - joining fundamentals with TA .
1. The Sheba trial results (June 2020) ; &
2. the City of Hope findings that Bisantrene was No 1 out of over 250000 drug compounds for the inhibition of the FTO protein , that is significant in a broad number of cancers.
This really helps explain Bisantrenes known historical efficacy in breast, AML, renal , ovarian , lung , and other difficult cancers including melanoma, where other chemotherapy and treatments have failed & where the FTO protein is now being focused on as a potential target in these cancers .
This would all still fit with your possible theory
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$1.71 |
Change
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Mkt cap ! $291.3M |
Open | High | Low | Value | Volume |
$1.76 | $1.79 | $1.66 | $307.6K | 176.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 615 | $1.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.74 | 609 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 615 | 1.620 |
1 | 12000 | 1.615 |
1 | 20000 | 1.610 |
3 | 21625 | 1.600 |
1 | 1279 | 1.555 |
Price($) | Vol. | No. |
---|---|---|
1.735 | 609 | 1 |
1.800 | 13808 | 4 |
1.820 | 4000 | 3 |
1.830 | 4000 | 1 |
1.850 | 14401 | 2 |
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