RCE recce pharmaceuticals ltd

RCE Media thread, page-465

  1. 5,482 Posts.
    lightbulb Created with Sketch. 705
    I'm curious how this all works assuming it is some sort of deliberate process. Do they push it down untill they see some volume come in on buy side then let it rise up a bit and put a block in above so they can fill up with more at lowest possible price?
    cynical me thought initially maybe the whole thing was a trick to get finance, but on rethinking it would not be a good move to attract a cornerstone investor then once they commit the news flow fails. One would assume the company are as surprised as the rest of us at current fall. Cant be new investor as they're shares javent even been issued yet, unless some were already holders?

    I guess bottom line is if some big guys do want more they may surpress the price for a while to achieve what they want maybe
    Last edited by andrewk65: 29/09/20
 
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Last
31.0¢
Change
0.010(3.33%)
Mkt cap ! $89.39M
Open High Low Value Volume
31.0¢ 32.0¢ 30.0¢ $25.76K 82.29K

Buyers (Bids)

No. Vol. Price($)
2 13550 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 18938 1
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
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