RAC 0.32% $1.57 race oncology ltd

Ann: Race Leadership Changes, page-237

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  1. 5,875 Posts.
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    I think this is the most likely reason
    DR T has left and reasons.

    1: clearly the board want a quick buyout so they are going full throttle with cardio which we will have it all wrapped up within 2 years buyout.
    And did not want to wait for 5 years with FTO.

    2R T is in it for the science we're the rest of the board are for the money.

    3: The board got a lot of FREE SHARES and will be happy with a quick turnaround and happy to move on with $10-$15 and pocket $100,000,000

    I would be the same so this is not a bad thing. I believe we will get a buyout price earlier.
    It just means we are not going to get probably $150 a share we could get something between $10-$70 who knows, but this is the reason I believe quicker turnaround quicker pay day for the board
 
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