@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...
@Hunterr"Would it not be better if we were not under the radar...
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Last
$1.82 |
Change
-0.005(0.27%) |
Mkt cap ! $309.9M | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.86 | $1.79 | $157.7K | 86.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5623 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 9999 | 1 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |