RAC 2.18% $1.57 race oncology ltd

I was kind of on the same path (maybe not letting go of 75%....

  1. 1,209 Posts.
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    I was kind of on the same path (maybe not letting go of 75%. More 25%) but that was last year when I thought we would be more fairly valued on the AML opportunity alone. It seems the market doesn't really care and is waiting for something new, ie FTO / Cardio.

    Which means i think the only we get to $6 is based on validation/clinical results proving at least one of the two.

    At that stage, with hard evidence & some momentum, after waiting 3-4 years, would find it very hard to relinquish a large % of a holding as the party is just getting started.

    Biggest mistake people make is selling winners that have de risked, because they think it’s the peak and they can replicate. I’m guilty of it.

    My opinion is if we get to 6, we’re getting to more. And I wont risk taking a punt on something else that might take another 3-4 years, I’m not smart enough.
 
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