Multiplied by 3 minimum! In all seriousness, as a holder I would not be best pleased to see us SHs accept $50 from a big pharma in a TO considering all the hard work from the management team (and I know you didn't mean $50 as a TO offer but as a forecast for future prices we could be trading at ). This is all of course assuming that all we currently know and hypothesize about Zantrene can be demonstrated in our clinical trials, but that's why management hasn't been actively marketing to big pharma as we would just get hammered by pharma companies at prices that you might consider reasonable and enticing right now, but when you can get more data and get more from a deal you'd be a fool to not try and do so! Otherwise someone would have tried to scoop us up already at a low ball offer of somewhere between $40-80 already. Considering we are FIC/BIC and our drug actually works and is safe (unlike some other spaces on the ASX which are valued 4x what RAC is and haven't even established that yet! *cough* IM something or other *cough*. Like Dr T says it would take 100s hours of research to really understand whats going on here, and the more I read the better this gets, if you're selling at these prices I'm happy to pick them up and keep them in safer hands. These short term movements are perfect opportunities like someone like myself who is only reading more and more about this space and continually educating myself about what we have here to DD, and DCA till I've had my fill.
Looking at the technicals, I'm no expert chartist like the respected @W3hunter, but I understand the basics well and has helped me to pick decent entry points. We are very much testing that Bollinger band, and it makes me excited that I can pick up more small parcels at these levels to keep my average below $2.80 (yes that's quite high compared to other people here, but who cares when you comes to long term). It is likely that we will continue to trade and test the BB as bots do their thing, I'll continue to DCA as we move down, taking advantage of the discount on our hands. If we break the BB, next price point I'm targeting is $3.01 (fib retracement) for a massive BUY order hehe :') GLTAH
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Multiplied by 3 minimum! In all seriousness, as a holder I would...
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Last
$1.22 |
Change
0.030(2.52%) |
Mkt cap ! $202.7M |
Open | High | Low | Value | Volume |
$1.22 | $1.22 | $1.16 | $78.70K | 66.45K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $1.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.22 | 4561 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 1.175 |
1 | 1000 | 1.170 |
1 | 6000 | 1.160 |
1 | 6000 | 1.155 |
2 | 1918 | 1.150 |
Price($) | Vol. | No. |
---|---|---|
1.220 | 4561 | 1 |
1.250 | 3894 | 1 |
1.295 | 5256 | 1 |
1.300 | 13081 | 4 |
1.320 | 1000 | 1 |
Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.19 |
  |
Change
0.030 ( 0.42 %) |
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Open | High | Low | Volume | ||
$1.19 | $1.22 | $1.16 | 11297 | ||
Last updated 15.56pm 07/05/2024 ? |
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RAC (ASX) Chart |
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HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
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