I've been in RAC since shortly after DrT and have been and still am extremely positive that RAC can execute, achieve large returns for shareholders and ultimately save people's lives. But... I think the mythical strategic update is affecting sentiment. The timeline for its delivery is wishy washy and I hope there is good reason for that like getting a partnership over the line. IMO I think some holders are betting that the strategic update will push the finishing line out and they believe capital can be deployed elsewhere while they wait for their FA buy signal. I love Index's disclaimers so I am going to use one. Disclaimer: I am not jumping out
to jump back in. I can't time the market especially biotech. I'm leaving my capital where it is. Anyway, onward. PS, I like Vatzat, suspect there must be some reason why a concrete date can't be given for the delivery of the strategic update and it seems to be, like a mirage, fading into the distance. Cheers.
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