RAC 10.9% $1.73 race oncology ltd

Ann: Breast Cancer Clinical Trial Program Initiated, page-27

  1. 5,164 Posts.
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    There are millions of in-the-money unlisted options @DodgyMinors .
    The management team also have good control here .

    Major shareholders lead by Merchant Fund; & David Williams ( the Chairman of Polynovo & a wealthy man ), as well as a Hong Kong investor have already converted options they bought off- market that had only had expiry dates of in late 2021 & 2022 !
    This trio have also invested many millions of dollars directly into RAC.

    So a good amount of money is in RAC coffers already .

    Will also not be surprised if more options are converted and money received by the company , on news and scope of trials release .
    As indicated in yesterday’s interview of Dr T with Proactive - partnering is most likely for major trials . This has long been stated by this management as what will occur , & also by the former CEO Dr Molloy.

    Prof Borje Andersson , preeminent globally famous really, Oncologist, and who is RAC Chief Medical Officer —has the best contacts , and obviously significant capability and base at MD Anderson Centre .
    I think partnering will occur for US trial work .

    We are very lucky as Race Oncology shareholders !

    You never know - if ever they did really need some money , (which they do not ) , we might get a go
    But it won’t be within cooee of here imo , and is not very likely , much as we all would like the opportunity.
    Last edited by Aqua65: 26/11/20
 
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