I think there are about 9000 RAC shareholders. Maybe 0.1% post...

I think there are about 9000 RAC shareholders. Maybe 0.1% post on this and other sites? And not all are negative posters. So I think it’s difficult to assume this sample represents shareholders generally, and i doubt the RAC Board would follow your logic. Yes the SP has declined but that’s in line with biotechs generally( and much less than some eg IMU). My sentiment is one of patience, believing in the science and the potentially, thinking there’s a lot going on behind the scenes, and I wouldn’t be surprised if that is the majority view. But of course that’s just a guess!