RAC 1.19% $1.66 race oncology ltd

Ann: Race Strategic Update August 2023, page-573

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    It is a fundamental of negotiation that you want to negotiate from a position of strength. The deal you get (unless the other side are fools) is slight better than the best alternative to a negotiated agreement - the old BATNA. If we want to see Race be able to negotiate a good outcome for all shareholders then Race has to have a compelling BATNA.
 
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