Australia's largest stock trading and investment forum Australia's #1 stock forum

RAC

Click for more information

4.05%

$1.54 race oncology ltd

Speculative M&A Transaction Analysis, page-808

First 808 Last

Share
Profile

Follow
ma420

7,183 Posts.

1836

06/09/24

08:18

Post #: 75553375
Share

Originally posted by RaceOncology: ↑

Big biotech deals don't happen overnight, they often take years and involve a lot of tyre-kicking and DD (big and fast don't often go together). Extracting maximum value from Bisantrene will require having the right data (Phase 2) and a bidding war. This is going to take time, but we can do regional deals along the way.

Nobody other than me has to stay for the whole RAC journey. As long as we make significant progress and tick-off the various activities that we need to do for a deal then shareholders can expect the SP to rise allowing anyone to get off at any stage that suits their particular needs. We have seen this with CU6 over the last 12 months where the SP has risen massively despite CU6 not making any deal with any pharma company. They have generated good data, had some luck, and are now a $2 billion company. The only complaining I hear about CU6 shareholders is why they didn't get in sooner.

Expand

Understand the discussions and DD take a while. The CU6 comparison is very relevant the way you have put it. Thanks.

RAC Price at posting: $1.66 Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

RCE

Recce progresses testing of gel to treat bacterial skin infections

AHK

Ark Mines provides strategic update following mining lease submission

STK

Rogozna grows with gold equivalent grading 1.1g/t across 545.7m for Strickland

TTT

Titomic jumps +6% as it incorporates Microsoft Hololens tech

LU7

The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour

There are more pages in this discussion • 47 more messages in this thread...

First 808 Last

Add RAC (ASX) to my watchlist

(20min delay)
Last $1.54		Change -0.065(4.05%)		Mkt cap ! $262.4M

Open	High	Low	Value	Volume
$1.62	$1.62	$1.51	$261.3K	168.2K

Buyers (Bids)

No.	Vol.	Price($)
2	30000	$1.54

Sellers (Offers)

Price($)	Vol.	No.
$1.62	2000	1

View Market Depth

No.	Vol.	Price($)
2	30000	1.540
1	121	1.535
1	700	1.520
1	3311	1.510
2	7320	1.505

Price($)	Vol.	No.
1.620	2000	1
1.650	7731	1
1.685	5000	1
1.690	6570	3
1.735	3313	1

Last trade - 15.59pm 09/10/2024 (20 minute delay)

RAC (ASX) Chart

SPONSORED BY