RAC 1.11% $1.83 race oncology ltd

Ann: Letter to Shareholders, page-89

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    And these posts are what Ignore was invented for. But anyway. Everyone is jumping at shadows right now. How about we look at the facts?

    The cost of executing a pipeline of trials and activities was fully accounted for and the CR was oversubscribed.

    Outgoing roles match incoming new hires' salaries.

    Companies receive R&D refunds that become contingency cash for donations, travel, additional research opportunities.

    RAC are in a great financial position. If more capital is required, I would think we're about ready to be talking to potential suitors about mutually beneficial financial arrangements based on "our exceptional pre-clinical database". The scale of future clinical sites would require investment beyond what Aussie investors are capable of putting in - or based on some of the commentary on here, capable of understanding deeply enough to appreciate value or timelines.
    Last edited by PatchKolan: 15/06/23
 
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