RCE recce pharmaceuticals ltd

3.33%

31.0¢

Interesting insights Red. Very true. My concerns about...

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BelowAverage

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22/10/20

16:20

Post #: 48310220
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Originally posted by RED328: ↑

Huge volumes are a relative term, this depends on what you compare against.
RCE is has a very small share registry with only 173 million shares..
I see the manipulation taking place almost daily using bots to do micro trades under $500. These BOT trades are designed to wear down the retail opposition by recycling volume in a certain manner at certain times to achieve an outcome of accumulation.
They come and go depending on sentiment and weed out the weak.

I focus my attentions on the longer term, daily swings are not something I worry too much about, fundamentally RCE is a monster in the making.
BUT, you have to have conviction, commitment to a longer time horizon and balls to watch your account go RED because you have a substantial holding that does not allow for you to buy in and sell out in a day or two.
There is too much news that could change the game at any moment of the day as we have seen recently. You're either in or out.

Now for those with smaller holdings, you have the luxury of trading a parcel frequently, BUT beware the announcements.
RED

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Interesting insights Red. Very true. My concerns about manipulation has no bearing on being in or out. I am just interested in the motivations and actions surrounding Recce. I plan on holding Recce for years and years, Monster indeed!

RCE Price at posting: $1.10 Sentiment: Buy Disclosure: Held
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(20min delay)
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

View Market Depth

No.	Vol.	Price($)
2	13550	0.300
2	34803	0.295
2	50000	0.290
4	131061	0.285
10	251389	0.280

Price($)	Vol.	No.
0.310	18938	1
0.320	5000	1
0.325	12600	1
0.330	114230	1
0.350	51319	4

Last trade - 16.10pm 27/06/2025 (20 minute delay)

RCE (ASX) Chart

Interesting insights Red. Very true. My concerns about...

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Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

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Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Interesting insights Red. Very true. My concerns about...

Top Stories

Boss extends June win streak with boosted Alta Mesa extraction rates

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

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Australia’s gas crisis is here – and dying coal plants aren’t helping

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Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

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ASX Market Close: Index creeps lower as half-year mark approaches | June 26

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News