To me it’s the astounding risk/reward proposition where very unusually the risk is low and the reward is high.
We have a safe previously approved drug that arguably cured AML in two Paediatric cases (survival of more than 20 years), has strong patent and commercial exclusivity position and has compelling performance in treating major forms of cancer ( Breast and Ovarian among others ).
The two biggest hurdles for new treatments are does it work and is it safe, well based on historic evidence it certainly stacks up.
Other biotechs with similar market capitalisation would dream to be in this position.
- Forums
- ASX - By Stock
- RAC
- Theoretical Revenue Potential of RACE Oncology 5-path Strategy
Theoretical Revenue Potential of RACE Oncology 5-path Strategy, page-36
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.83 |
Change
0.020(1.11%) |
Mkt cap ! $310.7M |
Open | High | Low | Value | Volume |
$1.81 | $1.83 | $1.79 | $142.0K | 78.77K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $1.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.83 | 641 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 1.810 |
3 | 7009 | 1.790 |
1 | 450 | 1.780 |
2 | 16392 | 1.770 |
2 | 1018 | 1.765 |
Price($) | Vol. | No. |
---|---|---|
1.830 | 558 | 1 |
1.840 | 4000 | 2 |
1.845 | 2746 | 1 |
1.860 | 1000 | 1 |
1.870 | 1200 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
RAC (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online