RAC 0.40% $1.23 race oncology ltd

RAC - Charts & Price Action, page-323

  1. 2,906 Posts.
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    They were 60c!

    I wouldn't be surprised if MOF were 'trading' over the last couple weeks. The next sub notice will let us know.

    Given what they hold I just hope they don't start selling until it's higher than my risk adjusted price which is higher than that. I'll be disappointed if they do. (I may sell other family members 'holdings' )

    II - if you think of our other holdings there are pros and cons of both. These are the cons. Eg, sub holder sells out large holdings and it can drop dramatically. However if those shares are picked up by impatient investors (traders), than there becomes a ceiling on how high it can recover... bringing it back to RAC, after the Sheba results the share price should have gone much higher than it did when 8.5m shares wanted to be purchased. The reason it didn't was because of impatient investors getting FOGO. If they had of held the SP would have climbed higher and RAC wouldn't have given away shares to EM, DW, MOF so cheaply (IMO - obviously still frustrates me) in the last raise. There would have either been more money, or less dilution.
    Last edited by Titans19: 29/07/20
 
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Last
$1.23
Change
-0.005(0.40%)
Mkt cap ! $204.3M
Open High Low Value Volume
$1.25 $1.25 $1.21 $120.5K 97.77K

Buyers (Bids)

No. Vol. Price($)
2 991 $1.23
 

Sellers (Offers)

Price($) Vol. No.
$1.25 2409 1
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Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
Last
$1.24
  Change
-0.005 ( 0.40 %)
Open High Low Volume
$1.24 $1.25 $1.21 17303
Last updated 15.51pm 02/05/2024 ?
RAC (ASX) Chart
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