The reality for this company is that if they haven't broken through within 3 more years it is likely to go nowhere.
My personal view is that I am sure RCE are looking for a big name partner to do a larger study in the USA. One mechanism for their involvement is that, the partner buys into RCE with capital - say takes 20% stake of the Company. That capital and existing capital provide a large runway for trial expenses, ALL of which is allowable under the R&D announcement yesterday. So the investing partner effectively gets additional free money from the Australian government to push along product development. A pharma with an interest in this space would see the Aus government funding as a massive free kick. I still see a deal being done with someone within 6 months.
- Forums
- ASX - By Stock
- RCE
- Ann: RCE Awarded $43.7m AusIndustry Advanced Overseas Finding
Ann: RCE Awarded $43.7m AusIndustry Advanced Overseas Finding, page-30
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RCE (ASX) to my watchlist
(20min delay)
|
|||||
Last
60.0¢ |
Change
0.030(5.26%) |
Mkt cap ! $122.3M |
Open | High | Low | Value | Volume |
56.5¢ | 62.0¢ | 56.5¢ | $158.1K | 263.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 77741 | 60.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
61.0¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 77741 | 0.600 |
1 | 5000 | 0.560 |
1 | 1800 | 0.550 |
3 | 128518 | 0.540 |
2 | 41456 | 0.515 |
Price($) | Vol. | No. |
---|---|---|
0.610 | 30000 | 1 |
0.620 | 19672 | 2 |
0.635 | 4250 | 1 |
0.650 | 15227 | 5 |
0.655 | 6970 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
RCE (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online