RAC 0.00% $1.61 race oncology ltd

Ann: Change in substantial holding, page-127

  1. 2,461 Posts.
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    Split the difference between your $20 - $30 and that's my target to derisk some of my RAC holdings, how much yet I don't know, but it's anywhere from 10% to 50% of my holdings, depends on a number of other factors at the time. The remainder of my small holding I'll be holding until / if a buyout occurs. If a buyout is within this range I will not be approving, and I would encourage everyone to reject the first offer anyway to create an increase in the price offered.

    Of course there are still risks on the journey. While the 3 Pillar's strategy (almost like McKinsey's 3 horizons strategy) derisks each application but also compounds the value of bisantrene, if either of these fail I see there being a sell off from those who have not been holding long term which may see some support levels broken. If something isn't as rosy as we all hope, I'm sure Dr T will explain everything to us in layman's terms to help fill in any gaps.
 
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