RCE 5.22% 54.5¢ recce pharmaceuticals ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-19

  1. 3,997 Posts.
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    Inevitable and as you say we knew that a cap rIse of about this size was coming and thought rightly or wrongly that expectation was mostly priced in
    under 60c is a steal as the market showed last few weeks
    james buying 500,000 shares around 60-62 c showed what
    he thought about that price despite him clearly aware that a cap raise would be needed very soon
    12-15$m is not a lot of shares with only 175m on issue and compared with other bios hardly a drop especially given how much held by the insiders and family
    not too concerned only worried i have enough $$$ ready to take a big lump
    long game guys happy to accum as much as im able down here
    cheers gitmo andrew65 im in ! Hope its next week though

 
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58.0¢ 58.0¢ 54.5¢ $73.79K 132.6K

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54.5¢ 6587 1
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