RCE recce pharmaceuticals ltd

Ann: Change in substantial holding, page-66

  1. 274 Posts.
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    Good post @elbarto, I would like to add that RCE is no orphan when it comes to its price being slashed. There is a number of Bio stocks that have been hit hard, one example is SPL who are selling their products in many countries including UK and USA ,the stock has suffered a 50% loss in the past 6 months!

    I have to say, when it comes to hotcopper there are two words and don't like - shorting and re-rating of stocks is used all too often... almost as an excuse for its languishing.....but that's just me. Hotcopper can often be a dangerous tool for novices and gullible investors, but it can also be a handy tool if used correctly.

    I think sometimes we need to be reminded that RCE is still a speculative stock albeit with untold potential (even with all the de-risking that's taken place). So, topping up or buying with your ears pinned back needs to be done with a lot of thought and caution. That's why I believe you should aim for a minimum of 50% free-carry when possible when it comes to speculative stocks. Unless you are a@Bpharma with endless cash at your disposal.wink.png

    Having said that, I can only see blue skies from here on!

    Good luck all....


 
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Last
30.0¢
Change
0.005(1.69%)
Mkt cap ! $86.51M
Open High Low Value Volume
29.0¢ 30.0¢ 29.0¢ $37.22K 127.6K

Buyers (Bids)

No. Vol. Price($)
1 8471 29.5¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 17050 2
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
RCE (ASX) Chart
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