How do we even get to a bidding war it's not like RAC is doing trials without big pharma not noticing surely along the way!!
although under the radar is how we were travelling for many years.
At any stage a pharmaceutical company can make an offer for the company we would be extremely lucky if we had 2 at the same time.
I think we will get either a partner/ license deal or even possibly an early stage buyout as soon as we show that RC220 is cardio protective in humans.
When ever that happens. And I don't mean after p2 trials we may see that it protects the heart before that trial ends or who knows maybe during 1B results if possible.
I know that's going to devastate some on here if we get taken over early and don't get the $100 to $300 SP buyout
But if someone takes us over we'll before P2 trials end or start it will be a SP lower than the above that's for sure.
Who knows $30 seems extremely possible all depends what the SP is during the offer I guess.
if we are below $5 then $30 if we are trading at $20 then that may offer $50 NO ONE KNOWS but that would be my guess
RAC Price at posting:
$1.34 Sentiment: Buy Disclosure: Held
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