All IMO - not advice
Good post Eddy
On reflection perhaps something else to consider when looking at your investments...
How long is the Runway?
Some investor friends of mine use this terminology which basically means how much growth and opportunity does the company have before it will plateau (or fail to start = crash and burn)? If it is your own company it could mean how much cash do you have versus your cash burn rate?
I found this definition on a startup website in Aus.
In startup world, ‘runway’ translates to how long your company can survive if your income and expenses remain the same. So if you’re not generating revenue and are burning $100k per month with $500k in the bank, your runway is 5 months. A simple concept, but there are some common mistakes to avoid.
What do we know with RAC?
Enough money until 2022 and completion of trials from recent raise and conversion of options
There are 5 paths (opportunities) to generate revenue and we know the drug works on some of those paths
There appears to be more opportunity based on CoH recent paper
IMO the runway is now out to 2022 by which time we expect plenty more news including trial results.
What you do after getting your answers to these questions is totally up to you.
e.g. None of us on HC will be in your particular personal & finance situation.
This is not advice but just a way of doing some due diligence
(Yet to read the latest announcement)
GLTAH
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