RAC 3.08% $1.68 race oncology ltd

Ann: EMD AML MDS Trial Expands to Europe, page-47

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    I am willing to answer this question, but until we get the strategic update I can’t calculate it. Once we get the update I will share my thoughts.

    I can add that the Triangle report was extremely conservative and drugs tend to sell for 3-5x peak annual sales. This would imply just for the cardioprotection program a sale price of US$25 to $50 billion (A$40 to $80 billion). Given there are 163 million shares on issue I will let you guys do the maths on the SP.
 
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