RAC 2.20% $1.78 race oncology ltd

RAC - Charts & Price Action, page-18525

  1. 274 Posts.
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    There is still a few basic things the broader RACE team can do to help themselves and improve sentiment among existing shareholders and potentially attract the interest of other shareholders, namely:

    - Pete Smith following through with his comments from the AGM regarding his intent to buy RAC shares on-market. If he believes the Triangle Report is credible, what is he waiting for? How cheap does it need to get before he moves?
    - Would Pete consider buying a chunk off JC (if he wants to sell more) or alternatively find a soph/insto wanting to take a stake in the company.
    - RAC Directors (other than Dr T) exercising options early. The $$ they require to do this is insignificant, so the DCB excuse of 'I can't afford it' should not apply here.

    It is going to be a long 5+ months for some investors while the important box ticking goes on behind the scenes to get RC220 approved and clinical trials up and running for H2 - so simple, tangible actions such as the above are important first steps to rebuild shareholder trust after a turbulent 2023.
 
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