Horse racing is interesting because being the winner means the others are losers.
This is not the case on the ASX amongst peer companies.
There can be many winners on the ASX.
Some just win better than others = higher SP growth.
The only losers are those that cannot get to revenue via buy out or commercial production.
IMO the FA suggests RAC has the opportunity to catch up to its peers.
...and that would be enough for most punters being $22-$35 per share.
It doesn't really matter if it wins the race against peers.
Lets just hope RAC and its peers are all successful and put a large dent in the scourge of Cancer.
...and if RAC hits blockbuster TO numbers, well Scomo will likely have a few more self funded retirees.
GLTAH
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