This brings to mind a quote from a great book, Never Split The Difference by Chris Voss.
"Remember that no deal is better than a bad deal. Be willing to walk away from a negotiation that doesn’t serve your best interests. Know your priorities, establish your limits, and stand firm when faced with unfavorable terms."
There is no point in creating extraordinary value (Developing a great product) and then settling on a poor deal due to impatience or desperation.
I believe it's important for shareholders to understand that when you have an excellent product every piece of information is beneficial to your bottom line when structuring a deal.
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Last
$1.55 |
Change
-0.070(4.32%) |
Mkt cap ! $264.0M | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.65 | $1.54 | $145.6K | 91.60K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5700 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 296 | 1 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |