RAC 2.20% $1.78 race oncology ltd

General Comments / Chat, page-2290

  1. 36 Posts.
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    @Hunterr

    "Would it not be better if we were not under the radar big pharma ?
    Meaning they can offer price for RAC but can vote no on low offer."

    Thinking about this.

    If a Buy-out was offered at $20 AUD per/share, would you take it? An immediate almost 5-bagger sounds like a massive offer considering most Buy-Outs are at under 200% premium. But with 160 Million SOI, that works out to be around $2.5B USD. Factor in the likelihood of it taking 3-6months for approval/to be processed.

    I don't know about you but personally (even without FTO) I see a high probability of this company going for far, far more than that in 12-18 months.

    If Breast & FTO both fail, I still see this company likely going for $5B...
 
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