RAC 0.97% $1.54 race oncology ltd

RAC - Charts & Price Action, page-7602

  1. 5,623 Posts.
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    I think it’s fair to say stage 4 has been playing out for few weeks now. !
    not stage 3 as it has not been going sideways it was going down over the last few weeks.
    With the rise yesterday it could be the start of stage 2 the rise?
    As shown on your graph.
    There will always be sellers /buyers
    We may have one large holder who is selling which is putting pressure on.
    BUT who knows ?
    90% of holders are long term and accumulating more and more when they can.
    Hard to pick the low very hard I find it very hard to believe that we will get much lower price than we seen last week.
    And the reason is most on here are waiting for a buyout or something like that or around 30x current SP.
    now I really do believe with all we have people would have to be crazy to be selling for all the potential we have.
    I could sell now for nearly $300,000 profit.
    And does not even cross my mind.
    for good or bad I’m staying firm and waiting for a partner/buyout.
    I believe we will get a partner sometime next year and that partner will take us over eventually.
    Can’t deny all the testing already done in the past and present that has shown very outstanding results.
    And look forward to all new results that are underway.
    Like DR T said only need ONE to pan out and all holders will be happy.

    anyway my thoughts only and
    I apologise if I have been snappy over last week I have been in bed with broken ribs after nasty fall.
 
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