@tak1ALL IMO
If any RAC holders went to the IMU threads and trash talked, I apologise to you.
There is no benefit in running something or someone down.
It does not make the competitor any better or stronger.
The reality is RAC has no known competitors for the markets they intend to address.
The expected outcome is for Bisantrene is to be First in Class and Best in Class.
The Total Addressable Market numbers are so big they are in the unbelievable (to good to be true) category.
What Dr T and some clever posters are trying to do on the Race threads is educate Australian investors about biotech investing. Dr. T constantly acknowledges that biotech is not well understood in Australia. It is also unhelpful that there are no reporting standards like you find in Mining such as JORC.
Life can be unfair sometimes and stock markets can be particularly unfair.
My unfair speech I shared with my kids and others is that life is unfair.
- your parents are unfair
- your teachers are unfair
- your friends are unfair
- your boss are unfair
- Hotcopper posters are unfair
- the ASX is unfair
Get over it!
Be kind to yourself and others around you and educate yourself to be better.
This is otherwise known as Resilience.
All I can share is that RAC is my highest conviction stock and I bought some more last week.
Whilst I understand the concepts of what Bisantrene does, I do not understand the science in detail.
I do however understand the business case and hope management can maximise the return to shareholders.
My horizon on a significant transaction is currently 2-4 years.
The fact that you landed on these threads could be a fortuitous opportunity for you. I highly recommend you spend an hour or two reading the posts of Mason14 & the RAC announcements and watch the video interviews of Dr T that have been published in the last 60 days. You may then have enough information to decide if you wish to do something about the opportunity.
DYOR and good luck.
Cheers
(20min delay)