RAC 3.79% $1.51 race oncology ltd

The biggest issue right now is the low share price. People are...

  1. 70 Posts.
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    The biggest issue right now is the low share price. People are worried that big pharma will snap up a bargain. People are worried about RAC being under the radar. People are reconsidering their investment due to being in the red.


    If you're going to peddle your line you need to be clearer which line it is you're peddling. Is it that people are worried that RAC will get bought out too cheaply, or is it that people are reconsidering their investment because they're down from their initial purchase price? Or are you inventing a niche subset of people who bought at $4.25, are now down, and feel like RAC will get bought out at <$4.25 so they'll be in the red?

    If you believe in the IP and potential upside then you're not looking to hold or buy more, not reconsidering your investment.
    If you're reconsidering because you feel that the IP isn't going to work out for whatever reason (bad trial results, management) then you'd be selling.

    If you're trying to raise $25,000 to help someone with cancer receive treatment then yeah absolutely drum up "exciting and innovative ideas" for community support and promote awareness by buying a t-shirt or going on the local news or whatever.

    If you trying to sell Zantrene to big pharma then it's a case of accumulate and be patient, your ideas aren't going to make one iota of difference to the outcome. Might I suggest spending your retirement time buying a caravan and travelling around Australia instead.


    Last edited by depps89: 04/01/23
 
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