RAC
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0.60% $1.69 race oncology ltd

Ann: June 2018 Quarterly Report, page-18

  1. 88888acct
    711 Posts.
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    23/10/18
    09:08
    Post #: 36219418

    Last thing I will say on this topic. If this was 100% chance of success we would be $500m+ market cap ($6.50 per share) rather than $10m, for a phase 3 ready asset that has tested well against current "promising" treatments including Venetoclax.Like all bios, RAC is not without some risk, but the preliminary data is highly promising and as such RAC is de-risked well beyond the market value here. 


    RAC Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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