@Uboy
I decided to look into forty seven, as you made the statement that no other NASDAQ company had minimal cash.
forty seven in FY ended 2019 had cash of 18m, they have short term investments of 81m. Losses for the FY was 46m. Accumulated losses of 186m. Market Cap at October was around 310m based off SP at $6 vs buyout of 4.9b at $95. 3 of their pipelines in P2.
Race: Dec 2020 cash 5.6m. Losses til Dec 2m. Accumulated losses of 18m.
A difference of 160m in losses, with larger losses year on year of forty seven vs race(if forty seven had not been bought out). And that's not even accounting for USD VS AUD.
Ann: Race Strategic Update March 2021, page-270
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Last
$1.61 |
Change
0.000(0.00%) |
Mkt cap ! $273.4M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.66 | $1.60 | $207.2K | 127.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 25510 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.64 | 12000 | 1 |
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| Last trade - 15.49pm 29/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |