I bought on 14/07 for 1.125 and wrote how much i like this company and the management. Then on 16/07 posted: "expect SP about 1.45 once results are released. If 9c ffr final div is maintained it could be even higher."
Man!! This stk has skyrocketed in past fortnight and despite my belief in fundamentals i sold today at 1.50. It may well keep going but makes me nervous when SP rises so dramatically and rapidly. If SP falls back prior to yr-end results i will probably buy back in. Incredible the volatility in this mkt. everyday i am surprised by it.... despite owning shares for 38yrs!! Incredible to see ASX100 and ASX200 stks moving around like small-caps.
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RECCE PHARMACEUTICALS LTD
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