RCE recce pharmaceuticals ltd

I must say that after many years of investing in these markets...

  1. 5,482 Posts.
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    I must say that after many years of investing in these markets the one thing you can be absolutely sure of is no one from the company will give any indication cash is required any time soon under any circumstances. The first you will ever know is via Trading Halt. I can pretty much guarantee that. This is the best company potential I have seen in 20 years of playing markets, and it would be the first I have ever seen if it did indicate cr was coming. It is the 4C that will tell you that.
    from my view, cr is not a negative for this company. We all know they need cash in the next 6 months or year, or at least I believe that is the case. With current sp and shares on issue I just hope we get a look in and not just sophs. Very small dilution required for longer term holders to raise large amount if required. And I would prefer they raise themselves rather than some bio grabbing the patents and burying it profiteering.

    cash burn will surely increase with all these new indications and possible new staff/ board members
    Last edited by andrewk65: 04/08/20
 
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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
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
RCE (ASX) Chart
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