No need to explain your jokes, it's enough that you can tell them with a straight face.
RCE has only 2 income streams - R & D grants, and CRs.
R & D grants only cover actual R & D costs incurred - they're not, as you seem to believe, gifts to the company to spend as they please. So where does the money come from for overhead, travel expenses, rent, salaries, etc. And, of course, Jimmy's (not entirely insignificant) fees and loans?
Ah, dammit! I spoiled the punchline.
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- Ann: Key Opinion Leader Presentation
RCE
recce pharmaceuticals ltd
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30.5¢

Ann: Key Opinion Leader Presentation, page-78
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Last
30.5¢ |
Change
-0.010(3.17%) |
Mkt cap ! $87.95M |
Open | High | Low | Value | Volume |
31.0¢ | 31.0¢ | 30.0¢ | $25.09K | 82.18K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 32855 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 16280 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 32855 | 0.300 |
6 | 35183 | 0.290 |
2 | 135000 | 0.285 |
8 | 112420 | 0.280 |
2 | 30909 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 16280 | 1 |
0.310 | 93028 | 1 |
0.330 | 25000 | 1 |
0.350 | 10000 | 1 |
0.375 | 8002 | 1 |
Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
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RCE (ASX) Chart |