Similar sentiment. It will be great to watch momentum build as the dominoes start to fall: tox results, gov/ethics etc approval, first recruit, first dose... all building to what we've been waiting for, for a few years now; validation of CPACS with the reformulated drug allowing IV administration.
A circa $1Bn market cap should be a simple goal given the expectation of the resulting multibillion dollar TAM, plus the following build up for possible MA activity.
Looking forward the build up as approach the clinic and, importantly getting clinical results. Oppies, tax selling and even the current SP is all noise. Different picture for RAC in 6/12+ months IMO.
Similar sentiment. It will be great to watch momentum build as...
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Last
$1.79 |
Change
0.035(2.00%) |
Mkt cap ! $302.7M | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.79 | $1.70 | $916.8K | 527.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 9427 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$1.75 |
Change
0.035 ( 0.75 %) |
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| Open | High | Low | Volume | ||
| $1.76 | $1.77 | $1.70 | 30396 | ||
| Last updated 15.57pm 07/06/2024 ? | |||||
| RAC (ASX) Chart |