RAC 0.97% $1.54 race oncology ltd

Ann: Race Oncology Share Purchase Plan Opens, page-409

  1. 56 Posts.
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    Hi LordGoat,

    Thanks, I'm aware of what the plan is from the SPP, and I give it a high chance we will raise $27.9M for the full case.

    My question is: in the unlikely event (imo) what IF we did not reach the full case, what is the management's plan regarding Phase 2 EMD AML/MDS clinical trial in Europe?

    As stated in the SPP this trial is contingent on raising the full $27.9M (full case).

    I suspect the management will seek raising the shortfall from instos to fund the trial in Europe asap, not leaving it to chance and wait for the $4.5 oppies.

    Perhaps too early for Dr. T to be commenting on this. In the meantime, I have all my fingers crossed that the SPP will be a huge success.



 
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