Australia's largest stock trading and investment forum Australia's #1 stock forum

RAC

Click for more information

3.79%

$1.40 race oncology ltd

RAC - Charts & Price Action, page-20786

First 20786 Last

Share
Profile

Follow
Burge13

1,067 Posts.

258

02/05/24

11:21

Post #: 73626499
Share

Originally posted by asx11: ↑

If BP acquires the asset (RC220) - A deal can be structured which would include an upfront payment to RAC , future milestone payments and royalties on sales. Then RAC could distribute dividends to shareholders. In this scenario as mentioned earlier it doesn't provide an exit strategy for DR T as he would need to sell hundreds of millions of dollars worth of shares and RAC would essentially be a royalty collecting shell company as it has no other assets or products in the pipeline. This strategy makes no sense for anyone, unless DR T or Race Oncology want to continue to operate and pursue new products

If BP acquires RAC. Shareholders will likely be offered a premium to the share price. There would be no ongoing royalties as there would be no RAC to pay royalties to and there would be no RAC shareholders. Though we could be offered shares in the acquiring company.

In any possible scenario shareholders will not directly receive ongoing royalty payments for any amount of years. To my knowledge. Do your own research.

Expand

Good luck in your investing journey

RAC Price at posting: $1.23 Sentiment: None Disclosure: Held
10 Upvote

0 Great analysis

Reply

Top Stories

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

RAD

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

PAM

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

SGP

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

First 20786 Last

Add RAC (ASX) to my watchlist

(20min delay)
Last $1.40		Change -0.055(3.79%)		Mkt cap ! $237.8M

Open	High	Low	Value	Volume
$1.45	$1.45	$1.33	$213.7K	155.5K

Buyers (Bids)

No.	Vol.	Price($)
1	55	$1.38

Sellers (Offers)

Price($)	Vol.	No.
$1.40	7167	1

View Market Depth

No.	Vol.	Price($)
1	55	1.380
1	5000	1.375
1	2000	1.370
2	29522	1.360
1	5999	1.350

Price($)	Vol.	No.
1.395	7167	1
1.410	7092	1
1.450	15980	4
1.470	10000	1
1.480	3000	1

Last trade - 16.10pm 19/11/2024 (20 minute delay)

RAC (ASX) Chart