Retail investors who have confidence in the RAC story and want to get decent chuck at bargain prices.
People can accuse me of drinking the kool aid, but I don’t know any other opportunities like RAC. I’m invested in a couple of other biotechs which have done pretty well lately but they feel much more speculative than RAC to me.
i know that commercialising a drug like this won’t be easy and they could well muck it up. BUT, as.an inexperienced investor (and someone who isn’t well off) I am hopeful that this might be a life changing investment for me. The only risk I see is commercialisation and Dr T and Pete seem to know what they’re doing and have a strong track record.
And the evidence for the drug seems great to me.
If you know of any other stocks that have:
- the historical data that RAC does
- been de-risked to the extent that bisantrene has
- have a CEO that communicates with shareholders and puts his money where his mouth is
- such massive blue sky potential
let me know…
Otherwise I’ll stick to my guns because the more I research. the more it seems like people are dismissing this as impossible because it sounds too good to be true. What little Aussie biotech could be bought out for so much?
If I’m right, it will be life-changing for me. If I found this stock today I’d still be willing to buy in after doing my homework, I’ve topped up but minimally, I now have enough RAC that even if we are bought out for the small amounts people are worried about- I’ll be rich (by my standards).
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Last
$1.53 |
Change
0.120(8.51%) |
Mkt cap ! $248.7M |
Open | High | Low | Value | Volume |
$1.43 | $1.53 | $1.43 | $323.0K | 219.6K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1200 | $1.53 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.54 | 110 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 1000 | 1.505 |
2 | 19787 | 1.490 |
1 | 1750 | 1.485 |
1 | 3113 | 1.470 |
1 | 1250 | 1.460 |
Price($) | Vol. | No. |
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1.520 | 1433 | 1 |
1.530 | 2136 | 1 |
1.540 | 1724 | 1 |
1.575 | 500 | 1 |
1.595 | 1000 | 1 |
Last trade - 15.20pm 13/05/2024 (20 minute delay) ? |
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Last
$1.52 |
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Change
0.120 ( 9.79 %) |
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Open | High | Low | Volume | ||
$1.45 | $1.54 | $1.44 | 20574 | ||
Last updated 15.36pm 13/05/2024 ? |
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