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$1.49 race oncology ltd

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Hunterr

5,812 Posts.

1338

22/07/23

10:40

Post #: 68922820
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Originally posted by Davisite ↑

In fairness to JC, this is from the last time I spoke to him on this topic. He may have changed his mind since then. If you want his current opinion you should write to him directly.

I strongly believe that it would be very shortsighted to try and sell Race before the true value of bisantrene has been demonstrated in the clinic. This will take time, money, and an innovative strategy, but the potential payoff is so large that I think that it is worth the effort. Trying to rush this process will destroy most of the upside.

Ultimately it comes down to what do you want from your investment in Race. Do you want a 90% chance of a 30% return from your investment, or do you want 30% chance of a 10,000% return? I know which one I want.

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Yes I want the same i am happy to hold as long as it takes.
In the meantime it's not a bad thing if we all can see big pharma is paying attention even if the offer something
WE CAN ALWAYS VOTE NO but the SP will rise to their offer price and will show they are paying attention.
Also depends when they make that offer of 30% if we are trading $10 and they offer 30% that's $13 offer still very low but we can vote NO and SP rise $3
Unless I'm missing something

RAC Price at posting: $1.49 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.49		Change -0.035(2.30%)		Mkt cap ! $254.0M

Open	High	Low	Value	Volume
$1.55	$1.55	$1.45	$225.9K	151.9K

Buyers (Bids)

No.	Vol.	Price($)
1	600	$1.49

Sellers (Offers)

Price($)	Vol.	No.
$1.49	24	1

View Market Depth

No.	Vol.	Price($)
1	600	1.485
1	650	1.455
2	35000	1.450
1	2000	1.445
1	5000	1.440

Price($)	Vol.	No.
1.505	649	1
1.510	10381	3
1.540	1500	1
1.545	359	1
1.550	2401	1

Last trade - 16.10pm 21/10/2024 (20 minute delay)

RAC (ASX) Chart

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