Yep came to the same conclusion!
If we were oblivious to the SP the company is kicking goals big time since April. This just highlights the inefficiencies in the market. This is not unusual for Biotech's which tend to have sudden SP jumps 100%+, 200%+ or 500%+ in a matter of months. In between smart retail who have done their homework are accumulating.
Both FA/TA dormant at the moment, but think that will change at some point ~ with unexpected news catching those on the sidelines off-guard.
RAC - Charts & Price Action, page-9185
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Last
$1.22 |
Change
-0.010(0.81%) |
Mkt cap ! $202.7M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.26 | $1.14 | $381.6K | 320.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 2171 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.010 ( 5.54 %) |
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| Open | High | Low | Volume | ||
| $1.23 | $1.23 | $1.14 | 48407 | ||
| Last updated 15.52pm 03/05/2024 ? | |||||
| RAC (ASX) Chart |