I've never been one to make share price predictions, not smart or brave enough to put it out there on the line but I think you are on the money IMO. Imagine another biotech with a drug like Bisantrene but at the absolute beginning of their journey. How much would it cost to replicate the plethora of historic data owned by RAC? I reckon 100s of millions. And plenty of years. RAC has a massive head start on the road to takeover or partnership. Combine that with savvy leadership and its looking like a perfect storm. I think the market is just starting to realise this. I must admit when I first stumbled onto RAC I looked at the historic data and thought someone had given me the answers to an upcoming exam. Not a bad feeling! Onward.
I've never been one to make share price predictions, not...
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Last
$1.83 |
Change
-0.030(1.61%) |
Mkt cap ! $311.7M | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.91 | $1.79 | $169.3K | 92.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 92 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 3472 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |