RAC 10.9% $1.73 race oncology ltd

RAC - Charts & Price Action, page-9917

  1. 358 Posts.
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    Replying to @johndprent, sorry my "reply to" got broken...

    Yes let's hope we get the full amount over the line in the SPP, or at least a very good chunk of it. If we can do that I agree it could give a great boost to sentiment (in addition to any of the other news that could drop).

    Interestingly enough, Race's $30M raise at the current market cap of ~$500 million is very close in proportion to the last raise that IMU did. At the time of that $90 million raise, the IMU share price was around 30 cents and they had a market cap in the order of $1.5 billion. Approximately 3 months after completion of that raise, IMU had more than doubled to well over $3 billion in market cap (though they have taken a decent haircut in the last few weeks).
    Last edited by KingBuzzo: Added reply to. 15/12/21
 
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