RAC 5.95% $1.87 race oncology ltd

General Comments / Chat, page-1436

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    @IronMike94

    $35m in the bank from the raise would significantly help... Being an IPO it will probably jump around a bit for the next few months until it settles.. Personally I hope it goes well.

    ... When you look at comparisons based on MarketCap you need to be careful to take all information into consideration. Just looking at the market cap is very very misleading and dangerous if you only rely on this. A better indication would be Enterprise Value. But even then there are factors that can impact the enterprise value as well.

    I was going to add further detail to Wombats 'peer comparisons', but after just looking at one I decided not to.. He received plenty of likes from the comparisons and even more when stating it takes too much time to look into further details (double the amount of people who wanted the additional information), so I don't want to be the one that crashes the party. I will share one link though if you want to look into it - https://www.chi-med.com/wp-content/uploads/2020/08/2020-Interim-Report.pdf (look at pages 20 and 21).
 
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