RAC 2.20% $1.78 race oncology ltd

Ann: Impressive Bisantrene Phase 2 AML Clinical Results, page-174

  1. 5,195 Posts.
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    The market was totally different when Race was 4.5c aswell. What would Race be worth now if it was 4.5c in 2020?? All the concerns u mentioned no doubt played a huge role in being sold off but I’m not convinced that a clear plan with a stable management would have seen the sp much above $2 say. A clear plan here won’t stop the war, inflation or fear of people losing money in the Stockmarket. Until that changes I can’t see the sp doing what we hope for on anything bar a deal. I really hope I’m wrong but I almost think our best way of getting the maximum buyout is for trials to drag out longer than hoped until the market turns. Unfortunately that means that longer it takes to get to patients.
 
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