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Ann: Change in substantial holding, page-122

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djbenton75

3,292 Posts.

359

17/03/21

21:34

Post #: 51847585
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Originally posted by Jdmoney: ↑

I think the hypothetical question here is: if someone was offered 20 -30 dollars per share right now, would they take it?

that's 5-8 times the SP now. I believe most would say yes(personal opinion), despite what the board would suggest. That is a massive increase in someone's investment and not common in most instances.

I feel the board has an intrinsic value in their minds, and it's closer to the value of keytruda than it is magrolimab(forty seven).

my opinion: they've done the in depth research into how high a chance this will translate from pre clinical to humans. I reckon they believe based on the science that this is high. Their biggest risk is designing the trial, although I feel this may be easier than trying to prove something over standard of care, as to get a patient or doctor to try something over the well known treatment is quite difficult. I may be completely out of my depth with this assumption, and if so I hope someone can correct me.

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My hypothetical answer would be $60 - $80, for me.

RAC Price at posting: $3.91 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.67		Change 0.010(0.60%)		Mkt cap ! $285.4M

Open	High	Low	Value	Volume
$1.68	$1.68	$1.67	$4.2K	2.514K

Buyers (Bids)

No.	Vol.	Price($)
1	22	$1.67

Sellers (Offers)

Price($)	Vol.	No.
$1.67	200	1

View Market Depth

No.	Vol.	Price($)
1	22	1.665
1	23	1.660
3	2341	1.650
1	23	1.645
1	23	1.635

Price($)	Vol.	No.
1.670	200	1
1.675	303	2
1.685	183	1
1.695	8025	3
1.700	6382	1

Last trade - 11.03am 05/09/2024 (20 minute delay)

RAC (ASX) Chart