Australia's largest stock trading and investment forum Australia's #1 stock forum

RAC

Click for more information

0.40%

$1.23 race oncology ltd

"Board changes" also allows expansion of the board. Additional...

First 53 Last

Share
Profile

Follow
wombat777

11,249 Posts.

29635

20/04/23

19:11

Post #: 67383475
Share

Originally posted by ma420 ↑

The musical chairs has to stop. Per my observation today that the Ann still says they “continue” to make board changes, which can create uncertainty and doubt in the SHs minds. I hope they agree on the composition and, their roles and responsibilities and begin delivering. Nobody is going to care in 2 years time whether it is a JL, JC, DT, DCB etc who is responsible for a deal as long as it is substantial (>10B IMO) and we close the deal!

Can we end up selling the company too cheap? This is IMHO most likely scenario. We don’t have too many examples of Oz biotechs getting bought for top $$$. But anything below $10B and there would be questions asked whether we had the right people in place.

AIMO.

Expand

"Board changes" also allows expansion of the board. Additional member(s) with additional skillsets to address gaps.

RAC Price at posting: $1.91 Sentiment: Hold Disclosure: Held
23 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 50 more messages in this thread...

First 53 Last

Add RAC (ASX) to my watchlist

(20min delay)
Last $1.23		Change -0.005(0.40%)		Mkt cap ! $204.3M

Open	High	Low	Value	Volume
$1.25	$1.25	$1.21	$120.5K	97.77K

Buyers (Bids)

No.	Vol.	Price($)
2	991	$1.23

Sellers (Offers)

Price($)	Vol.	No.
$1.25	2409	1

View Market Depth

No.	Vol.	Price($)
2	991	1.230
1	700	1.220
1	36284	1.210
4	109837	1.200
1	3500	1.180

Price($)	Vol.	No.
1.250	2409	1
1.255	4000	1
1.295	5256	1
1.300	11257	3
1.320	1000	1

Last trade - 16.10pm 02/05/2024 (20 minute delay)


Last $1.24			Change -0.005 ( 0.40 %)
Open	High		Low	Volume
$1.24	$1.25		$1.21	17303
Last updated 15.51pm 02/05/2024 ?

RAC (ASX) Chart