RCE 0.88% 56.5¢ recce pharmaceuticals ltd

Ann: RCE Awarded $43.7m AusIndustry Advanced Overseas Finding, page-20

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    Last year Recce spent roughly $9m on R&D and received $4.3m in rebates. Overall net cashflow out of -$13m.

    So don't expect too much. We have to burn cash to get to market.

    .
    https://hotcopper.com.au/data/attachments/5819/5819584-6de991179a301ccd925a6c4a5dee074b.jpg
 
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