Australia's largest stock trading and investment forum Australia's #1 stock forum

RAC

Click for more information

6.11%

$1.23 race oncology ltd

RAC Charts, page-38

First 38 Last

Share
Profile

Follow
EWexplorer

5,586 Posts.

1739

22/08/19

15:27

Post #: 40100018
Share

Originally posted by possum2: ↑

The fact that the directors invested a total of 375,000 in the placement gives a reasonable indication that they think that the shares are undervalued.
Market always likes to read that directors are investing more money in their own stock. Fair to say there is no better endorsement then the people who run the show wanting to buy more stock.
If my memory serves correctly this stock was trading as high as 25c last November. So the potential is there for it to move higher.

Shareholders like myself have been waiting quite some time for it to show some life.

Lets hope it continues. The increased volumes over the past 3 days is an encouraging start.

Cheers.

Expand

Looks like it listed 2016 at ??? 25c right?

Do those founding shareholders need 25c for break even?

RAC Price at posting: 9.8¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1,704 more messages in this thread...

First 38 Last

Add RAC (ASX) to my watchlist

(20min delay)
Last $1.23		Change -0.080(6.11%)		Mkt cap ! $217.2M

Open	High	Low	Value	Volume
$1.30	$1.31	$1.23	$74.27K	59.43K

Buyers (Bids)

No.	Vol.	Price($)
2	83840	$1.23

Sellers (Offers)

Price($)	Vol.	No.
$1.24	1100	1

View Market Depth

No.	Vol.	Price($)
2	84680	1.230
1	3500	1.225
1	2000	1.220
5	33498	1.200
1	500	1.150

Price($)	Vol.	No.
1.255	2200	2
1.270	1100	1
1.275	1297	1
1.285	1302	1
1.290	5320	1

Last trade - 11.20am 29/04/2024 (20 minute delay)


Last $1.24			Change -0.080 ( 4.27 %)
Open	High		Low	Volume
$1.30	$1.31		$1.23	3589
Last updated 11.20am 29/04/2024 ?

RAC (ASX) Chart