Hi JDP,
Quiet the opposite.
It's not that I value RAC so cheap, it's that I dont think RAC should give their IP away cheap. PM stated he would be surprised if the 5 path strategy cost $10m. Dr T also stated that the business plan is a liquid event in 3 years. The business plan only includes the 5 path strategy, so why take more upfront than whats needed.
RAC will be worth significantly more once the trials commence and path 1, 3 and Israel trials have good results.
Once this happens big pharma will offer top dollar for Bisantrene. You wouldn't want to give too much of that away too early for only a couple hundred million.
I value RAC rather highly. Just pondering on how they're going to let the market know how they will show their true value.
Enjoy the beers!
Cheers
Responsibilities of the team, page-97
-
- There are more pages in this discussion • 8 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
|
|||||
Last
$1.50 |
Change
-0.050(3.23%) |
Mkt cap ! $260.6M |
Open | High | Low | Value | Volume |
$1.57 | $1.57 | $1.50 | $29.73K | 19.64K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 30026 | $1.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.51 | 1997 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 171 | 1.515 |
3 | 8156 | 1.510 |
2 | 4272 | 1.505 |
6 | 32474 | 1.500 |
1 | 950 | 1.495 |
Price($) | Vol. | No. |
---|---|---|
1.530 | 3089 | 3 |
1.540 | 285 | 1 |
1.545 | 299 | 1 |
1.570 | 5647 | 1 |
1.575 | 607 | 1 |
Last trade - 11.23am 19/08/2024 (20 minute delay) ? |
Featured News
RAC (ASX) Chart |