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0.88%

56.5¢ recce pharmaceuticals ltd

well done exactly on the button

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Bpharma

3,991 Posts.

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18/12/23

07:55

Post #: 71498114
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Originally posted by Lucretious: ↑

The reality for this company is that if they haven't broken through within 3 more years it is likely to go nowhere.

My personal view is that I am sure RCE are looking for a big name partner to do a larger study in the USA. One mechanism for their involvement is that, the partner buys into RCE with capital - say takes 20% stake of the Company. That capital and existing capital provide a large runway for trial expenses, ALL of which is allowable under the R&D announcement yesterday. So the investing partner effectively gets additional free money from the Australian government to push along product development. A pharma with an interest in this space would see the Aus government funding as a massive free kick. I still see a deal being done with someone within 6 months.

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well done exactly on the button

RCE Price at posting: 50.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 56.5¢		Change -0.005(0.88%)		Mkt cap ! $115.2M

Open	High	Low	Value	Volume
57.0¢	57.0¢	56.0¢	$24.17K	42.92K

Buyers (Bids)

No.	Vol.	Price($)
2	5551	56.0¢

Sellers (Offers)

Price($)	Vol.	No.
57.0¢	47240	1

View Market Depth

No.	Vol.	Price($)
2	5551	0.560
2	22975	0.550
2	51000	0.540
1	50000	0.530
1	50000	0.525

Price($)	Vol.	No.
0.590	587	1
0.595	51883	2
0.600	214144	5
0.605	2000	1
0.610	20000	1

Last trade - 15.40pm 07/06/2024 (20 minute delay)


Last 56.5¢			Change -0.005 ( 0.00 %)
Open	High		Low	Volume
56.5¢	56.5¢		56.5¢	1
Last updated 15.43pm 07/06/2024 ?

RCE (ASX) Chart