RAC 0.00% $1.94 race oncology ltd

Ann: Race investor briefing & updated presentation, page-34

  1. 2,920 Posts.
    lightbulb Created with Sketch. 1297
    That's great - thanks Dr T.

    I'll update my spreadsheet for all scenarios to include a consultancy fee to a Mr Mason H.

    In all serious though, it does just go to show how valuable it is having likes of Mason and Wombat on here. Especially since you have validated both of their good research skills publicly (AGM and now public investor update).

    The future for RAC looks bright... I'm surprised by the lack of buying volume today though. When you take out the 500k trade it's not that great considering the announcement basically said, "we have pushed forward our blockbuster/platform Pillar 1 by 12 months and are extremely confident the SP will be well over $4.50 (50% higher than raise) relatively soon"...

    For me this changes valuations from Pillar 1 being pre-clinical to being clinical. That is a massive difference value wise in my opinion.

    IMO, etc
 
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