RAC 3.15% $1.64 race oncology ltd

[INTERVIEW] Breaking Barriers in Cancer Treatment: Race Oncology Pioneers a New Era with Bisantrene, page-71

  1. 2,367 Posts.
    lightbulb Created with Sketch. 348
    https://www.health.gov.au/sites/default/files/2024-05/budget-2024-25-stakeholder-pack.pdf

    Specifically:
    $18.8 million to make Australia a destination for clinical trials, so Australians get early access to life-changing medicines. A national one stop shop for clinical trials will streamline the health and medical research, make it easier for patients to participate in clinical trials for emerging treatments.
    $1.4 billion over 13 years in ground-breaking new health and medical research through the
    Medical Research Future Fund, including an additional $411.6 million for low survival cancers and reducing health inequities.

    So for those amongst us that assume asking the government to fund important research/trials/therapies is something illegal, well guess what ---- IT'S FRICKEN GOVERNMENT POLICY!!

    So why is Race Oncology not formulating it's case and position to take a slice of this and other Commonwealth funding ( & State govt funding) to push ahead. Again I don't understand why you have a pressing need to advertise RAC in those appalling penny stock / blue sky ads (or is that what RAC should be viewed as -- up 10% one day, down 6% the next -- walked down from high $1 mark to sub 70c then spikes back up pre announcements. Do you see my point?
    It's OK, the worst that can happen is the Federal Dept of Health say no. You will still have the adoring masses on HC.
    Get on with it.
 
watchlist Created with Sketch. Add RAC (ASX) to my watchlist
(20min delay)
Last
$1.64
Change
0.050(3.15%)
Mkt cap ! $278.7M
Open High Low Value Volume
$1.58 $1.65 $1.57 $98.54K 60.86K

Buyers (Bids)

No. Vol. Price($)
2 2377 $1.59
 

Sellers (Offers)

Price($) Vol. No.
$1.64 320 1
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
RAC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.