My view on buyout is quite modest. I have a small number in my head, so that I don't get disappointed either way.That's the reason, I keep loading up, whenever I can.
We also need to get to $5, $10 before dreaming about $20 or $30..
The timing of buyout is also very important. If somebody liked what they see and threw in an offer in like a few months time, the buyout figure would be way less compared to say, 3 years down the track. It's unlikely scenario, but not impossible.
It will also depend on whether Bis/Race can get more than one pharma interested in it.
All the preclinical results so far, points to the fact, Race are targeting more than one pharma through synergy with different companies drugs, but will have to wait and see.
Ann: Race to Present at TechKnow July Conference, page-92
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Last
$1.47 |
Change
-0.055(3.61%) |
Mkt cap ! $250.5M | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.58 | $1.46 | $143.9K | 96.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 230 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 550 | 1 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |