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7.22%

$1.41 race oncology ltd

Careful Dr T.... might have to start calling you Shawshank!...

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Rhino1963

2,747 Posts.

2436

12/02/20

06:47

Post #: 42876083
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Originally posted by RaceOncology: ↑

I guess I was being a little obtuse, but Borje and I are effectively making a bet on the long term value of RAC that is the opposite of those people selling their shares today (i.e. the market). Of course some of the people selling might be selling because they needed the cash to pay the rent, but ultimately the SP of a company is the balance between those that think the company is overvalued (sellers) and those that think it is undervalued (buyers).

My question was really why do so many shareholders think RAC is overvalued when those on the inside are are putting their money where their mouth is and taking out of the money options over cash? Who is right and why?

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Careful Dr T.... might have to start calling you Shawshank!
Please don't give me a month in solitary...

RAC Price at posting: 26.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last $1.41		Change 0.095(7.22%)		Mkt cap ! $234.3M

Open	High	Low	Value	Volume
$1.32	$1.41	$1.32	$249.8K	182.9K

Buyers (Bids)

No.	Vol.	Price($)
2	2826	$1.40

Sellers (Offers)

Price($)	Vol.	No.
$1.43	40000	1

View Market Depth

No.	Vol.	Price($)
2	2826	1.400
1	612	1.355
1	40000	1.350
1	13458	1.330
1	2735	1.315

Price($)	Vol.	No.
1.430	40000	1
1.440	20000	1
1.450	1030	1
1.490	6375	1
1.500	16689	3

Last trade - 16.10pm 10/05/2024 (20 minute delay)


Last $1.37			Change 0.095 ( 6.64 %)
Open	High		Low	Volume
$1.34	$1.41		$1.32	16145
Last updated 15.53pm 10/05/2024 ?

RAC (ASX) Chart