Take it easy my friend. Until recently they were operating on negative cash flow, so much of their purchases have been through issuance of shares. Nothing new. When they made the deal with TIG and purchased the hospitality division about 1/2 was through share payment calculated around $1 from memory. At the time I think we were still about 80c. So it was a good deal. BIG just happened to go bonkers since then. Nothing to worry about, management are doing an impressive job.
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RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
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