RAC 0.00% $1.22 race oncology ltd

It is a very good question and one I hope every investor has...

  1. 96 Posts.
    lightbulb Created with Sketch. 34
    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
 
watchlist Created with Sketch. Add RAC (ASX) to my watchlist
(20min delay)
Last
$1.22
Change
0.000(0.00%)
Mkt cap ! $202.7M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 4250 $1.18
 

Sellers (Offers)

Price($) Vol. No.
$1.20 324 1
View Market Depth
Last trade - 10.06am 06/05/2024 (20 minute delay) ?
RAC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.