I think we will get a partnership to help fund the way forward if needed,
But if not we have BUGGER ALL SHARES ON ISSUE NOW
even if we added 100,000,000 shares to the registry we will have a total of
263,000,000 shares that's still bugger all for a biotech stock and even if it's at $1
That will give RAC $100,000,000 in the bank enough to fund everything twice.
The last CR I said they should of kept all the leftovers but I think ASX rules they could not.
(also bank loans can be applied I would imagine just) if it needed to not dilute.
We have to think of the bigger picture yes more dilution if we go alone and if we add a whopping 100 mill shares but that will give RAC $100m in the bank.
Can't be to greedy specially if
cardio protection is worth 40-80 billion
If you go with $40bill dividend by the 263,000,000 that's still a whopping
$152 a share not including FTO
So come on it's still a fantastic outcome if you add FTO that's over $300 a share if valued the same
And that's with us going alone with
$100,000,000 in the band if that's what's needed
I went way over what's needed but you can see massive outcomes either way.
We have to wait for the strategic report first
Either way I'm happy as I know it's still more than I was expecting
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