RAC 2.23% $1.75 race oncology ltd

General Comments / Chat, page-10266

  1. 6,575 Posts.
    lightbulb Created with Sketch. 1651
    Good post mate.

    I will just offer a counterpoint by playing the devils advocate for a second here. George Soros’ Theory of price reflexivity states that the price can influence the fundamentals. A low SP below 75c for a prolonged period (despite improving macro) could affect mgmt’s ability to raise funds or seek higher valuations in licensing or M&A deals with potential partners.

    Also, if we have low SP our shares as a currency may not have much of attraction in brining any new consultants or staff and offering them attractive packages or end up providing low strike prices?

    Like I said… just counter arguments.
 
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