RAC 7.64% $1.55 race oncology ltd

General Comments / Chat, page-10144

  1. 8,433 Posts.
    lightbulb Created with Sketch. 1386
    Spot on as usual JDP.

    A few years ago, the risk ranking was:
    1. Execution (includes misalignment of management)
    2. Successful hostile bid
    3. Science

    IMO the current risk ranking is:
    1. Successful hostile bid
    2. Execution (e.g. carelessly dropping fragile test tubes etc)
    3. Keyman risk
    Thanks to our preclinicals, independent preclinicals, Sheba 1 and 2, science is no longer on the top risks list.

    The main questions are:
    * whether the new owner would retain RAC's scientists? They'd be crazy not to.
    * will the new owner be a listed company? Bad luck for RAC shareholders if they aren't.
    Last edited by IndexInvestor: 21/01/24
 
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