RAC

2.20%

$1.78 race oncology ltd

I was very upset that you decided to stop posting last year. I'm...

First 42 Last

Share
Profile

Follow
aussieslr

307 Posts.

67

10/03/21

19:55

Post #: 51670282
Share

Originally posted by RaceOncology: ↑

We released price sensitive news yesterday and there were many questions and I tried to answer as many as I could. The release was technically complex (not as complex as the 80 page report it summarises) so this is understandable. Part of my job as CSO is to make scientifically complex news understandable by people who don’t happen to have a PhD in molecular biology.

On a more general note, social media has changed the world and fundamentally altered the way public companies can communicate with their shareholders. It is my strong belief that shareholders in companies like RAC are partners, not just passive sources of capital to be ignored between capital raises. Too many companies are lazily following the old ways where the only way of communicating with shareholders was via ASX releases or annual reports. A few companies have recognised that it is possible within the ASX and ASIC rules to open a two-way conversation with their shareholders using social medial and involve them in their business mission. The only thing that surprises me is how few companies make the effort to use the new communication tools available.

As a general rule I assume if someone asks me a question there are a minimum of 100 other people who have exactly the same question, but who are too scared or polite to ask. Shareholder can and do email or phone me all the time, but it is far more efficient for me to answer here on HC or twitter, facebook, linkedin, or any of the other social media platforms that allow me to communicate our shareholders.

If all this outreach has affected the SP it is hard to be certain, but I would hope that having shareholders who better understand our complex business encourages them to feel comfortable owning RAC. We have a great opportunity with Bisantrene, but nobody is going to invest in RAC if they have never heard of the company nor understands what we are trying to do.

Expand

I was very upset that you decided to stop posting last year. I'm am now elated you are back. Thankyou for your input.

RAC Price at posting: $3.93 Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

Reply

Top Stories

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

The market's shrugged at China's stimulus measures all year. Why is this one different?

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

The winners & losers on market if negative gearing were gone

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

There are more pages in this discussion • 35 more messages in this thread...

First 42 Last

Add RAC (ASX) to my watchlist

(20min delay)
Last $1.78		Change -0.040(2.20%)		Mkt cap ! $302.5M

Open	High	Low	Value	Volume
$1.81	$1.82	$1.76	$132.8K	74.40K

Buyers (Bids)

No.	Vol.	Price($)
1	170	$1.77

Sellers (Offers)

Price($)	Vol.	No.
$1.78	2	1

View Market Depth

No.	Vol.	Price($)
2	4000	1.755
3	12714	1.750
1	3000	1.740
1	1405	1.720
4	25414	1.700

Price($)	Vol.	No.
1.780	3781	1
1.830	7500	1
1.840	1000	1
1.850	5222	1
1.880	2351	1

Last trade - 16.10pm 27/09/2024 (20 minute delay)

RAC (ASX) Chart

I was very upset that you decided to stop posting last year. I'm...

ACCC seeks Olam divestments before it can buy Namoi Cotton

The market's shrugged at China's stimulus measures all year. Why is this one different?

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

KalGold rolls out detailed aeromagnetic survey across Pinjin project

The winners & losers on market if negative gearing were gone

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I was very upset that you decided to stop posting last year. I'm...

Top Stories

ACCC seeks Olam divestments before it can buy Namoi Cotton

The market's shrugged at China's stimulus measures all year. Why is this one different?

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

KalGold rolls out detailed aeromagnetic survey across Pinjin project

The winners & losers on market if negative gearing were gone

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News