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54.5¢ recce pharmaceuticals ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-31

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Rykster

1,471 Posts.

263

02/08/23

16:18

Post #: 69120381
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Originally posted by poorinvestor: ↑

Perhaps we can speculate a little further on the combination of an unusual announcement concerning the raising of finance together with another unusual announcement - or more precisely an unusual sustained lack of it - relating to burns trial results.

Perhaps there is some party who would be sufficiently interested in financing a positive outcome relating to the treatment of burns but would not normally be interested in an equity holding.

All shareholders, particularly any with very large holdings, would be very interested in such an arrangement.

That party might already have some confidentiality agreement with the company relating to this, even been involved with the trials themselves, and consequently have not allowed any announcements to be made concerning the results.

There is a conference coming up in the US in a couple of weeks time (14th-17th Aug). Perhaps we might hear some news then.

All very imaginative and very speculative but potentially highly positive.

“Tell It To The Marines” I hear you say.

poorinvestor

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Under your scenario, that party, as well as well as some others are RCE, might be headed for some jail time - see if you can figure out why.

RCE Price at posting: 61.5¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 54.5¢		Change 0.000(0.00%)		Mkt cap ! $126.3M

Open	High	Low	Value	Volume
55.5¢	55.5¢	54.0¢	$17.46K	31.84K

Buyers (Bids)

No.	Vol.	Price($)
1	13261	54.5¢

Sellers (Offers)

Price($)	Vol.	No.
55.0¢	10024	4

View Market Depth

No.	Vol.	Price($)
1	13261	0.545
1	79436	0.540
2	20935	0.535
2	82723	0.530
1	500	0.520

Price($)	Vol.	No.
0.550	10024	4
0.555	24067	2
0.565	5000	1
0.570	54708	3
0.580	1290	1

Last trade - 16.10pm 16/10/2024 (20 minute delay)

RCE (ASX) Chart

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