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57.0¢ recce pharmaceuticals ltd

"going it alone is going to be extremely difficult?" Is that a...

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andrewk65

5,260 Posts.

680

22/09/23

18:29

Post #: 69985442
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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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"going it alone is going to be extremely difficult?"
Is that a note of positivity. Difficult but doable? Normally you just say they have no hope and are going nowhere lol

RCE Price at posting: 49.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 57.0¢		Change 0.010(1.79%)		Mkt cap ! $116.2M

Open	High	Low	Value	Volume
56.5¢	57.0¢	56.0¢	$4.763K	8.486K

Buyers (Bids)

No.	Vol.	Price($)
2	22122	56.0¢

Sellers (Offers)

Price($)	Vol.	No.
57.0¢	49291	1

View Market Depth

No.	Vol.	Price($)
2	22122	0.560
3	27975	0.550
2	51000	0.540
1	50000	0.530
1	50000	0.525

Price($)	Vol.	No.
0.570	49291	1
0.590	587	1
0.595	51883	2
0.600	214144	5
0.605	2000	1

Last trade - 15.59pm 06/06/2024 (20 minute delay)


Last 57.0¢			Change 0.010 ( 0.88 %)
Open	High		Low	Volume
57.5¢	58.0¢		56.0¢	14660
Last updated 11.54am 06/06/2024 ?

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