RCE 5.61% 50.5¢ recce pharmaceuticals ltd

Ann: Placement & SPP to raise $10 million - Funded to FY26, page-9

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  1. 72 Posts.
    lightbulb Created with Sketch. 15
    How can this be allowed to happen?

    I presume the extra money will be allocated to:
    - paying exorbitant salaries
    - paying for Business Class travel around the world
    - repaying debt (advances of R&D)
    and if anything left, maybe some trials of their product.

    $10 million, will last what? 6 months.
 
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