I totally agree with you, but you have to think when is enough obviously he'll be walking away with about $1 million locked up cash in hand and still hold 50,000 shares so if we do get bought out for $30 let's say because that's what I'm hoping for
He will still be walking away with another $1.5 million and at least he's got the safe money in his pocket of
$1 million if anything ever had to go wrong,
so I do see his point, although I'm sticking to the end or when my target price of $30 comes Same reasons I would imagine.
I am thinking we will get close to 6 dollars this year. If you think about it I reckon by August interest-rate will start coming down fraction and we will have so much testing done. The IV will be complete so six dollars is a real possibility towards the end of the year even higher.
RAC - Charts & Price Action, page-14793
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Last
$1.57 |
Change
-0.035(2.18%) |
Mkt cap ! $266.3M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.62 | $1.56 | $101.6K | 64.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7451 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 408 | 1 |
View Market Depth
| Last trade - 15.53pm 05/06/2024 (20 minute delay) ? |
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Last
$1.58 |
Change
-0.035 ( 1.25 %) |
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| Open | High | Low | Volume | ||
| $1.58 | $1.62 | $1.56 | 7255 | ||
| Last updated 15.57pm 05/06/2024 ? | |||||
| RAC (ASX) Chart |