We can only speculate on the value of each pillar by looking at the size of the market and then having a guess at what percentage of that market bisantrene can capture. Then what our marsupial friend has done is compared like companies who were in similar situation as Race is today (who were bought out) and suggest what fair value for Race maybe...
I am concerned that according to Wombat's research that fair buyout is north of $30 and yet the people so far are willing to accept less than this figure. I will be refusing to sell by any means necessary until the board advise its a good deal.
Perhaps we can agree that the longer the period of time to take over offer the better the deal will be for SHs.
I urge all investors to not be short sighted on the potential SP and respect the excellent work done by @wombat777 to educate us on the real potential that we have. I not interest in just paying off the house. I want to buy the whole street!!!
GLTAH
RAC Price at posting:
$2.77 Sentiment: Hold Disclosure: Held
