Look I tended to agree . But not looking at the reality of the Top20. It is a very professional shareholder base now . And has become more concentrated - with some very smart buying this year is my guess .
It helps to realise this and so to be aware to hang on to shares of significance . (that wish to hold onto anyway )
All small holders together, I can see yes , (‘we’) are then significant.
I agree that within cents , any news source can add to knowledge & have influence at times on sentiment of every reader .
Im glad we are not reading “promo” RAC articles in that respect . Shareholders hopefully are becoming more fundamentally invested too when they’ve purchased , as they have realised the value in the company & understand more about the true prospects of bisantrene and RAC .
The overall story of how this came to be to this point is all part of it — but it’s about real trials now , and funding is achieved for mediumterm now .
I would think that partnerships or further prospective money be more a likelihood from next year . ( I hope management remain careful about dilution and opportunity buying by outside money)
From here forwards - RAC has incredible connections and highly respected people of influence, andabilities , aboard !
Whatever occurs also from here - RAC has a valuable asset with bisantrene .
I wanted to see it in the clinic finally in breast and other difficult to treat cancers , where there is proven (shown in - clear data ) efficacy, and past lives saved . And this is happening , starting this year now ! (pending all collaborations between the teams & announcements etal . **COH wildcard * included although this would effect future / other trials - and is all for the good , best clinical treatment use of bisantrene )
**This should be information which is conveyed in whatever way possible . **
Or things could be still stuck in first or second gear - it was essential to get traction by last year, and new trials planning & in train & underway.
This has been critical , to be at this point , as concomitant data from the independant research at City of Hope ( COH) has even emerged .
COH data - might have emerged *after * the approaches were first considered by the new investors??
Added to their urgency ? I would think so !
Race is poised already with the confirming of historic results - from Sheba trial .
This whole journey for Race began back in time now and the time was ticking , but Race is significantly down the pathway here , to best monetise and make bisantrene broadly available in cancer treatments. Far more than first envisaged by Bill Garner most likely although he well understood the compelling potential bisantrene had against a broad basket of dire , & relapsed cancers .
Small companies cannot waste money on advertising and that’s not the best way to a stable shareholder base anyway.
We have these incredibly astute biotech / biomedical investors who have come aboard and are spreading the information of Race investment with their investor base - including most particularly the chairman of Polynovo , who regularly buys on market in the companies he holds and leads !
This predominant ownership is (far ) removed from HC .
I am really grateful for the information here though as we are all removed from what is happening , but this has functioned as a think- tank collective here and in other boutique stocks . I think RAC has some particularly intelligent work posted by wombat777 for sure .
We are all busy, and this is a very valuable thing to be able to log in and read up fairly quickly what has been happening with a stock that can be holding or are watching . I’m grateful to HC for sure too .
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Last
$1.52 |
Change
-0.030(1.94%) |
Mkt cap ! $258.9M |
Open | High | Low | Value | Volume |
$1.57 | $1.57 | $1.50 | $75.34K | 49.79K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 300 | $1.51 |
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Price($) | Vol. | No. |
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$1.52 | 49256 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 300 | 1.510 |
1 | 996 | 1.505 |
5 | 17423 | 1.500 |
1 | 13043 | 1.495 |
1 | 6000 | 1.490 |
Price($) | Vol. | No. |
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1.520 | 49256 | 1 |
1.580 | 6715 | 2 |
1.595 | 12136 | 1 |
1.600 | 8509 | 3 |
1.620 | 6328 | 2 |
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