RAC 1.74% $1.47 race oncology ltd

The $2.40ish up 20% at 7.00am yesterday call. The positive to...

  1. 1,330 Posts.
    lightbulb Created with Sketch. 275

    The $2.40ish up 20% at 7.00am yesterday call. The positive to take out of that is that it keeps happening on no news, to me it's the market re-rating RAC. The reason I believe it will keep happening is the very low market cap of RAC, circa 320 mil in comparison to it's asset Bisantrene and the capabilities of Bisantrene and the addressable markets of Bisantrene.

    There is a strong case in my mind that at the end of next week we are sitting at a market cap of $480 mill or $3.60 per share.
 
watchlist Created with Sketch. Add RAC (ASX) to my watchlist
(20min delay)
Last
$1.47
Change
0.025(1.74%)
Mkt cap ! $249.7M
Open High Low Value Volume
$1.44 $1.48 $1.44 $25.63K 17.46K

Buyers (Bids)

No. Vol. Price($)
1 312 $1.47
 

Sellers (Offers)

Price($) Vol. No.
$1.48 354 1
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
RAC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.