RAC 5.19% $1.65 race oncology ltd

Ann: Impressive Bisantrene Phase 2 AML Clinical Results, page-175

  1. 5,718 Posts.
    lightbulb Created with Sketch. 1824
    @Alf107 I expect bisantrene for AML is worth $500m, which is about $3 from the Market Cap close for yesterday.

    So unless there's a partnership for cardio (meaning dilution and additional sales potential) and / or FTO research ($$$) ... the MC for AML points to $2.75-3.

    Sure it "could" be worth more but after four years believing, let's just say it'd be nice to be wrong. We have now seen these guys in action corporately, "they couldn't organise a piss-up-in-a-pub" is a term that comes to mind - let's see what "Strategy 102" looks like lol




 
watchlist Created with Sketch. Add RAC (ASX) to my watchlist
(20min delay)
Last
$1.65
Change
-0.090(5.19%)
Mkt cap ! $284.4M
Open High Low Value Volume
$1.71 $1.71 $1.65 $22.54K 13.34K

Buyers (Bids)

No. Vol. Price($)
2 1882 $1.64
 

Sellers (Offers)

Price($) Vol. No.
$1.66 193 1
View Market Depth
Last trade - 11.05am 24/07/2024 (20 minute delay) ?
RAC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.