Nobel prize winner Daniel K and Amos T raised a famous question.
Assume there’s two options, which one will u go with?
A. walk straight away with 1 million dollars
B. 50% chance of getting 100m and another 50% end up with nothing.
Study shows most of option A people are much poorer than option B, as they are less concerned about chances of multiplying their wealth.
in RAP’s case this is telling us Top 20 even Top 50 holders are more likely to vote No to Pfizer offer.
Looking at market 60m shares bidding @11c Vs 6m offering @11.5. Currently anyone sold @11.5 have close to 0 chance to buy back cheaper. It’s quite obvious all trading will be 11.5c or higher hereafter depending on how willing buyers wish to push ahead with company development.
The newly FDA approved breathalyzer machine must have rocked Pfizer, sideline pharma and BOD about their future move.
1 Pfizer - Competitors are moving fast with laughable tech, are we sitting there waiting for a maybe or no vote and watch some others overtake from saving pocket some money?
2 Other pharma - What an idiot this BOD is! Are we in this game when Pfizer had taken 1st move advantage?
3 BOD - WTF&$@-:£>|¥
Yes FDA showed hand what they think about new methods of fast screening Covid device - Encouraging while still worried about its functionality. views on the success rate of RAP Covid Screen Clearance is consolidated and may expedite the current stand off among SH about who wish to walk away with cash and who wants to stay longer with the possibility the greatest AU health tech in the decade. I am not taking the cash, do what you want fellow drivers.
All IMO DYOR
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BOD Motive?, page-77
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
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