To be honest I don't care how many they buy, I just wonder how much money they were willing to return and whether RAC are still going to return it as they continue to express. At the time my initial opinion was they had close to $8mill which was the up to 4mill shares at the desired price of around $2. I halved that amount in my example down to $4mill.
We are currently way short of both the share total and my monetary return total. I'm only querying if they still have the motivation to return all the excess funds. If the answer is yes then I can't see a better opportunity with the clinical data about to drop. I have no issue if they've decided to use the funds in what they deem a better for shareholder opportunity.
RAC Price at posting:
$2.22 Sentiment: Buy Disclosure: Held
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