Absolutely!
I would like to use the terms “de-risked” and “out sized potential” when I think of Race now.
Oh, one more difference- I wasn’t on the share register! Imagine being able to buy millions of shares at that time, if the liquidity existed.
Below $100Mn MC every company, a biotech, a resource company, a BNPL or retail business may look like a me too, going out of business any day, and being forgotten. As it gains steam, achieves more milestones and gets past let’s say $200Mn, I think the BOD and executive mgmt take themselves a bit more seriously, and believe in the possibility for reaching the 1st Bn MC and making a dent in the world. Small companies can be ambitious but that’s all the world can see.
You need score on the board and that’s what Race has in the last year, and particularly since the 3-pillar strategy it seems like each Ann is a home run!
Dr.T- in baseball analogy, given the mgmt’s aim for buyout and marketing to big pharma to begin in the next couple of months, which innings of the game are we in from your perspective either now or when the marketing campaign starts off? Btw, will there be an announcement or mention when the marketing campaign begins? Thanks.
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