RAC 0.58% $1.74 race oncology ltd

BF buys us we all get X amount based on board and majority of...

  1. 595 Posts.
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    BF buys us
    we all get X amount based on board and majority of shareholders accepting the offer (hopefully we get more than one buyer this will drive the price higher ignoring the 50-100% share price at the time)
    As part of the offer they will add a royalty
    On sale all existing shareholders will be paid 5-10% of future sales of bisantrene for 7-21 years
    It will be similar to receiving dividends payed twice a year
    Very valuable and a substitute for paying less $ initially for a blockbuster drug upfront
    Wombat was always including royalties as a very possible outcome
    Not sure what @Davisites hypothetical thoughts are on royalties but it will be in the interest of all shareholders to include it
 
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