RCE recce pharmaceuticals ltd

Ann: Appendix 4D and Interim Financial Report, page-3

  1. 53 Posts.
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    Hi NZ ,
    If you read the report there is a lot more than that in the bank now ,but still will need a cash raise sometime into this year is my guess lets hope we get some upward movement in the share price before cap raise comes .
    The company has since received a cash inflow of A$6.21m from the Australian Government’s R&D Rebate
    and Radium Capital’s R&D Advance covering the period of 1 July 2022 - 30 November 2022 (announced 25
    January 2023).
    These inflows provide the company with a significant cash injection to support ongoing operations and
    offset otherwise traditional capital-raising requirement in the near term

 
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