We put this in the reminder announcement a couple of weeks ago.
“The Options offer was purposefully structured to reward shareholders for their continued support of Race and our mission. Each Piggyback Option has significant inherent value. Using the Black Scholes valuation model, a current share price of $1.51, a volatility of 63%, a risk-free interest rate of 4.3%, and a two-year maturity date, each Piggyback Option is currently worth $0.66.”
RAC Price at posting:
$1.79 Sentiment: Buy Disclosure: Held
