I know I sound like a broken record, but I think we're are this price as it's close to $500m MC. The TA will most likely just move the SP around this MC as it has done for the last 6 months.
We have to give the market a reason to value us more. I'm hoping some FTO data, Positive Cohort 1 data, or an updated MST report will do this.https://hotcopper.com.au/threads/the-rac-3-pillar-trifecta.5801131/page-133?post_id=49640419
https://hotcopper.com.au/threads/rac-charts-price-action.5499241/page-5570?post_id=52655471
I'm now thinking that the $2b IMU Market Cap is now more of a unicorn then setting the new standard... I got a bit excited there for a while thinking that the IMU market cap would allow investors to set a new benchmark for drug development bio on the ASX.
RAC - Charts & Price Action, page-8625
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Last
$1.66 |
Change
-0.020(1.19%) |
Mkt cap ! $282.8M | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.67 | $1.61 | $153.5K | 94.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 4080 | 1 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| RAC (ASX) Chart |