RAC 0.00% $1.69 race oncology ltd

General Comments / Chat, page-99

  1. 2,702 Posts.
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    Question for @RaceOncology :

    According to the latest quarterly the company had about $1.5m at the end of December. Is it fair to assume that with everything the company is planning undertake there will be a need for a lot more cash?

    If so, can you confirm the company is not currently working on a capital raise to take advantage of the sharp rise in the share price.
    I read in some of the posts here that the company has been out presenting to brokers. This is usually the code word for capital raise is coming. I may consider buying but if a capital raise is coming, I would rather wait to buy lower levels.
 
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