Perhaps start with these three threads.They are a great...

Perhaps start with these three threads.
They are a great read.

https://hotcopper.com.au/threads/understanding-rac.5948554/

https://hotcopper.com.au/threads/race-oncology-valuation-june-2020.5469594/

https://hotcopper.com.au/threads/speculative-m-a-transaction-analysis.6102765/

Hopefully a post in one of those threads will talk about how two independent research groups have proven Bisantrene to be useful in oncology and effective as an FTO inhibitor. Watch the RAC presentations and interviews from the last 12 months including a couple by @Mason14. Study the 3 pillars and accept that Dr T recently posted that if any one of the 5-6 trials proves effectiveness of Bisantrene it will be a game changer for the value of RAC. Understand that RAC has stated their sole purpose is to prove as much value in Bisantrene as they can (i.e. the current trials) and then sell to a Big Pharma.

Hopefully after all that reading and research you will make your own mind as to value and timing.
IMO be mindful that the journey usually takes longer than we think or would like.

I can't tell you what will happen to the share price over the coming days, weeks or months other than it will go up, down and sideways. I can share my intent is to stay until buyout. IMO This could be anywhere between 1 and 6 years from now. Only you can decide if the value and timing is an acceptable risk for reward. Non of this is advice.

Good Luck