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General Comments / Chat, page-8614

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Davisite

19,271 Posts.

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26/07/23

10:25

Post #: 68984998
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Originally posted by Hunterr ↑

Hi just wondering if you are going to let us all know by you leaving how is that in the best interest of all shareholders as mentioned in the video?
To me the only explanation is you want to see all trials through so we can receive the best buyout price possible from BP.
And the current board members think otherwise to me personally I would like to see it go all the way but IF we get some trials completed and we even get an offer half than we are expecting it's still a very attractive payout,
And it would have less risk moving forward to other trials.
But even in that I can't see why by you leaving is in best interest of all shareholders.
Is it to block a low ball offer.?
In speaking to DCB when you did leave I asked if you left because of a potential low ball offer his response was.
(hand on heart that was not the reason and why would I want a low ball offer when my strike price was around$3.40 to $3.60) that was his response.

but maybe you did leave thinking that as you did mention you hope the board don't Palm it off as a wonder drug.

I know the more trials we do adds more value but also can have more risk I would love to walk away with $50 a share guaranteed then go for the next trials to fail and be worth nothing.
Just saying I love the money and the risk but that's were I am.

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I may at some point, but I don't think it would be helpful to discuss the past at the moment. I am focused on the future and ensuring all shareholders get the best outcome possible.

RAC Price at posting: $1.30 Sentiment: Buy Disclosure: Held
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Last $1.78		Change -0.040(2.20%)		Mkt cap ! $302.5M

Open	High	Low	Value	Volume
$1.81	$1.82	$1.76	$132.8K	74.40K

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No.	Vol.	Price($)
1	170	$1.77

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Price($)	Vol.	No.
$1.78	2	1

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No.	Vol.	Price($)
2	4000	1.755
3	12714	1.750
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1	1405	1.720
4	25414	1.700

Price($)	Vol.	No.
1.780	3781	1
1.830	7500	1
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1.850	5222	1
1.880	2351	1

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