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61.5¢ recce pharmaceuticals ltd

bro... did your account get hacked? that's probably the...

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elbarto

364 Posts.

177

22/09/23

20:49

Post #: 69986816
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Originally posted by Rykster: ↑

"This could be the next penicillin and a 500 - 100 bagger so I don't want to jump ship but I wish we had more clarity around management and progress... "

I think that is unlikely. This drug (IF it works) is curative, which means that once it's done its job, it isn't needed any more - that makes monetizing it difficult. Big pharma has little interest in these types of drugs for that reason - they far prefer something that you have to keep using regularly for the rest of your life.

So for a small company (and a cap of $100 mil in the pharmaceutical space is TINY), going it alone is going to be extremely difficult.

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bro... did your account get hacked? that's probably the most constructive post you've made on HotCopper I've seen.... you good?

RCE Price at posting: 49.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 61.5¢		Change 0.005(0.82%)		Mkt cap ! $124.4M

Open	High	Low	Value	Volume
61.0¢	61.5¢	61.0¢	$9.411K	15.30K

Buyers (Bids)

No.	Vol.	Price($)
2	5519	60.5¢

Sellers (Offers)

Price($)	Vol.	No.
62.5¢	16942	2

View Market Depth

No.	Vol.	Price($)
2	5519	0.605
2	8915	0.600
1	30000	0.595
2	51694	0.590
3	73190	0.570

Price($)	Vol.	No.
0.625	16942	2
0.630	2000	1
0.635	709	1
0.640	50000	1
0.645	50629	2

Last trade - 10.53am 17/05/2024 (20 minute delay)


Last 62.0¢			Change 0.005 ( 1.64 %)
Open	High		Low	Volume
62.0¢	62.5¢		61.5¢	25823
Last updated 11.04am 17/05/2024 ?

RCE (ASX) Chart