RAC 2.92% $1.94 race oncology ltd

Ann: Race 2022 AGM Presentations, page-31

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    All valid reasons while the potential pot at the end of the rainbow keeps getting bigger. I don’t believe people drawing lines on a chart and predicting how the SP will play out actually will come to pass. IMHO the FA has more to do with it than TA. I don’t believe any pie in the sky valuations and SP projections.

    My aim of posting my negative thoughts as well is to ensure that I am not in a groupthink / cult mode but constantly rechecking the thesis vs the progress. Having said that everyday I ask myself whether Race is a better custodian of my funds and can deliver a bigger bang for my buck than the closest substitute (opportunity cost) with high levels of mgmt integrity, and so I am still here.
 
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