RAC 4.00% $1.44 race oncology ltd

Ann: Placement closes oversubscribed-Bonus Option Issue launched, page-106

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  1. 11,249 Posts.
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    Here's an updated tally.

    The new shares and options represent 5.46% dilution of the fully-diluted share structure, however the approach allows me to significantly wind back my estimate of fully-diluted shares used in valuations ( a reduction of 10% ).

    20.3% of the dilution is for the cap raise shares.
    79.7% of the dilution is for the unlisted options.

    If a buyout or partnership occurs before RAC needs to raise capital again ( unlikely to be needed until 2024 ) then my valuations can increase by a further 5%.

    Can they pull off a buyout or partnership transaction within the current 171M fully-diluted .... I think they can!


    Screen Shot 2021-05-05 at 6.47.14 pm.png
 
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Last
$1.44
Change
-0.060(4.00%)
Mkt cap ! $245.4M
Open High Low Value Volume
$1.50 $1.50 $1.44 $57.11K 38.73K

Buyers (Bids)

No. Vol. Price($)
2 2499 $1.44
 

Sellers (Offers)

Price($) Vol. No.
$1.46 247 1
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Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
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