RAC 1.34% $1.84 race oncology ltd

General Comments / Chat, page-5494

  1. 983 Posts.
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    When the sp is not going how I would like it (in the short term), I look back over the company’s ASX announcements and social media post to help me put the short term sp into a long term perspective.


    My key findings/ reminders:


    • 4 PS announcements in just the past 4 weeks. All positive!
    • Admission by the company that they have intentionally delayed short term marketing to big pharma due to the massive potential of the unexpected cadioprotecitve discovery.
    • Chair/ CEO/ CSO are all major shareholders (circa 20% in total). And are (relatively) poorly paid for their RAC time and work. An extra year or two of RAC salary (measured in hundreds of thousands $) is nothing compared to putting their RAC shareholdings (measured in 10’s of millions $$$$$) at risk for a greater period of time, if that risk/time is not massively additionally rewarded.


    My assessment:


    • a little bit more patience (and sp volatility) in return for greater “outsized” commercial returns to shareholders.
    • Some sh don’t like the longer time frames (for greater potential return) and hence validly selling out.
    • Some long term holders may need to reduce their RAC holding in order to have the strength to carry it (a lighter RAC load) over a longer distance and withstand greater volatility. This is also a rational action for many.


    My actions:


    • I topped up this week (last on Friday).



    https://hotcopper.com.au/data/attachments/4251/4251019-cfa80db9ab639b94686f2543810ccf80.jpghttps://hotcopper.com.au/data/attachments/4251/4251022-d13e53a59638ec3ffdbccf8170d2eb51.jpghttps://hotcopper.com.au/data/attachments/4251/4251025-fa8c149ced6ae78c30b7e1a6b0a8fdd8.jpg
 
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