As much as I would have loved to have DT stayed on board till the very end,
the positive coming out from today is, Had he stayed and the board disagreements got out of control, none of us would be winners.
He's exited with transition plan, but has made way for others who seem to be transaction focused.
As DT has done in the past with mineral company, he can unite shareholders against any low-ball offers. He can also be free to comment on board activities, if he sees derailing activities.
After waiting for many years, and reading, researching RAC's results, I feel the time is right for the RAC Board to carry out on their action plans for FTO, cardioprotection and sale of the company with good returns for shareholders.
Based on what we've seen so far, second-half of 2024, is my guess.IMO.
As much as I would have loved to have DT stayed on board till...
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Last
$1.72 |
Change
0.020(1.18%) |
Mkt cap ! $296.3M | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.82 | $1.72 | $185.5K | 106.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 650 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 1310 | 2 |
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| Last trade - 13.58pm 08/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |