RAC 5.69% $1.16 race oncology ltd

RAC - Charts & Price Action, page-7232

  1. 96 Posts.
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    It is a very good question and one I hope every investor has asked themselves.

    Personally, RAC is my most confident speculative bet and I have added to it the more confidence it has generated over time.
    I have some sell signals that I have identified for myself - but none of them are related to the SP.

    The rationality is this is all or nothing for me as the risk/reward for any of the 3 pillars is outstanding. I have confidence in management, the 3 pillar strategy and historical results that give a good indicators of success.

    Even if FTO somehow doesn't work out, I am still confident at least AML (less so on breast - haven't done enough research into this tho) will achieve buyout at multiples of the current SP.

    Could all go to zero, and yet a potential buyout offer (even a lowball/failed offer) could also come at any time which would shoot the SP through the roof..

    I don't know of any stock on ASX with the (de)risk/reward that RAC offers and because of that I'll hold until the end.
    Last edited by Dr1fty: 01/08/21
 
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Last
$1.16
Change
-0.070(5.69%)
Mkt cap ! $199.4M
Open High Low Value Volume
$1.26 $1.26 $1.14 $338.0K 283.1K

Buyers (Bids)

No. Vol. Price($)
1 2042 $1.14
 

Sellers (Offers)

Price($) Vol. No.
$1.16 2000 1
View Market Depth
Last trade - 13.37pm 03/05/2024 (20 minute delay) ?
Last
$1.16
  Change
-0.070 ( 5.94 %)
Open High Low Volume
$1.23 $1.23 $1.14 28758
Last updated 13.50pm 03/05/2024 ?
RAC (ASX) Chart
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