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$1.18 race oncology ltd

RAC Charts, page-38

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EWexplorer

5,600 Posts.

1742

22/08/19

15:27

Post #: 40100018
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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.

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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
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(20min delay)
Last $1.18		Change -0.050(4.07%)		Mkt cap ! $199.4M

Open	High	Low	Value	Volume
$1.26	$1.26	$1.18	$257.5K	213.2K

Buyers (Bids)

No.	Vol.	Price($)
1	1000	$1.18

Sellers (Offers)

Price($)	Vol.	No.
$1.19	1400	2

View Market Depth

No.	Vol.	Price($)
1	280	1.165
1	1198	1.160
1	11143	1.155
3	5000	1.150
1	11725	1.140

Price($)	Vol.	No.
1.185	1796	2
1.190	1000	1
1.205	6400	1
1.255	127	1
1.295	5256	1

Last trade - 11.11am 03/05/2024 (20 minute delay)


Last $1.18			Change -0.050 ( 4.32 %)
Open	High		Low	Volume
$1.23	$1.23		$1.17	11510
Last updated 11.11am 03/05/2024 ?

RAC (ASX) Chart