RAC 3.17% $1.53 race oncology ltd

Ah - I don’t think your statement was that inflammatory....

  1. 1,211 Posts.
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    Ah - I don’t think your statement was that inflammatory. Management have more than hinted at news (at or) before the AGM, they’ve been pretty consistent to signal that it will come.

    The contention is around whether we should expect something ‘ground-breaking’ not...

    My view is that it can’t be ‘material’ (eg transaction or takeover offer that we didn’t expect) because that would need to be disclosed immediately under continuous disclosure obligations. However, it could still be significant (e.g. a trial schedule, results of internal work like the Newcastle Uni study, company position on FTO opportunity) - these are things that we know the company is working on, so we should expect some announcements, we just don’t know the timing - maybe the work has been planned for a board review for next Wednesday night before potential news release).

    Im tipping nov 27 Ann and trading halt, and a long weekend for RAC shareholders.

 
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