RCE recce pharmaceuticals ltd

Recce Management On Radio 6pr 882 Right Now!, page-4

  1. 3,060 Posts.
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    thanks jigs,
    although, when you say "they", who were they, and where was this discussion, can it be viewed on youtube? or was this something that was on the radio?

    ps: I took a small position here today as it broke through oblique resistance so we may see a test of 25c again imo!

    been also going through a few old announcements.
    seemed a bit worried when I saw release of escrowed shared but looking at the ann, there are not much shares being released so this can appear not comforting to some yet did not bother me.

    I am pleased however to see the DB, the new NED as he is a front line dude where selecting and dealing with clinical trials of the likes.

    my reason to this also is that quite a few years ago my father got taken by Cancer.
    he underwent a clinical trial as he was a candidate for such trial at the time, and regardless of losing him, my father managed to gain another extra 3+ years by participating in the trial versus 3 to 6 months end game verdict.

    quickly scanning the announcements I also see were quick to act in gaining patent(s) in various regions including Europe and China which also is a huge positive.

    other performance shares escrowed until 2018 is also pretty far away and I would love to hear solid updates at some stage from the Co as I am sure all holders would.

    looking at the decline from the original spike, to me it seems like some rotating sectors and offloading or making an exit in positions for a few yet IMO I think the worst may be over and some consolidation at these near IPO prices should attract a few who missed the original launch.

    so atm, am happy to hold and see how this goes as it also offers a bit of diversity from resources and mining, plus the fact the small amount of shares on issue can become tightly held at some stage which eventually will lead to buyers to have to cough up so to speak as eventual news offers a potential re rating or upside that also will tighten the register.

    cheers jigs!
 
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