Quite right, well said Integrator - I guess one of two things will/can happen:
1) They go to market for more cash, (most likely very soon) they are going to likely need quite a lot considering the track they seem to be on - result? Potential dilution to existing holders, and/or reduction of SP.
2) A predator comes in and grabs the lot at well below fair par value - result? Existing holders may miss out.
A sure thing in my; (usually wrong) opinion; hold a few, and trade furiously, it seems there are plenty of bucks to be made by the massive swings that will inevitably continue from time to time - just as has been evidenced this week. And previously in its short history.
The results are certainly good, and as you say; headed in the right direction, but can the SP sustain at much higher levels when considering the time frames and potential for the points above to come true?
Best of luck with your decisions
Cabe
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recce pharmaceuticals ltd
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Quite right, well said Integrator - I guess one of two things...
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Last
36.0¢ |
Change
0.025(7.46%) |
Mkt cap ! $104.1M |
Open | High | Low | Value | Volume |
34.0¢ | 36.0¢ | 34.0¢ | $87.14K | 248.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 23061 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 20951 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 23061 | 0.340 |
4 | 12714 | 0.335 |
3 | 135331 | 0.330 |
1 | 1399 | 0.320 |
2 | 54720 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 14844 | 2 |
0.365 | 2000 | 1 |
0.370 | 8000 | 1 |
0.380 | 25000 | 2 |
0.395 | 66707 | 2 |
Last trade - 16.10pm 22/07/2025 (20 minute delay) ? |
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