RCE 6.54% 57.0¢ recce pharmaceuticals ltd

From a technical perspective the sp is precarious around the...

  1. 39 Posts.
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    From a technical perspective the sp is precarious around the mid-high 70s. There is precious little historical support (approx .66) below current price and what there is is 2 yrs old. Bots and AI or whatever are interfering with the 'natural order' of the price which makes it difficult. The fundamentals have not changed as far as we know so patience and more patience I guess. I have used the opportunity to top up. Given there is some uncertainty about the burns study it will be interesting to see how the market reacts when they drop the announcement, between now and end Q2; or not.
 
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57.0¢
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53.5¢ 57.0¢ 53.0¢ $123.1K 222.9K

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57.0¢ 14635 2
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Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
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