I have often thought about this, but keeping that extra $15m was not in the ethos of Race. We have raised only what we needed, not what we can get, at any point in time. One of the reasons people have invested in Race is they trust that we are using their capital efficiently, not running a lifestyle company supported by masses of cash in the bank.
I am not sure there is a right or wrong way to the vexing issue of raising capital - there are good arguments to raise whatever you can whenever possible given how volatile biotech is, and there are good arguments to only raising what you need (and even return excess capital) on the basis you can raise later. Good companies take both approaches - it is probably more important to be consistent in whichever approach is taken.
- Forums
- ASX - By Stock
- RAC
- RAC - Charts & Price Action
RAC - Charts & Price Action, page-20310
-
- There are more pages in this discussion • 2,392 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
$1.59 |
Change
0.000(0.00%) |
Mkt cap ! $270.9M |
Open | High | Low | Value | Volume |
$1.59 | $1.62 | $1.57 | $180.6K | 113.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 145 | $1.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.60 | 23400 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 145 | 1.565 |
1 | 700 | 1.550 |
1 | 645 | 1.545 |
2 | 6750 | 1.540 |
1 | 134 | 1.535 |
Price($) | Vol. | No. |
---|---|---|
1.600 | 23400 | 1 |
1.620 | 10000 | 1 |
1.650 | 17029 | 2 |
1.690 | 6570 | 3 |
1.695 | 7731 | 1 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
Featured News
RAC (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online