Indeed, but CRs and government grants have always been the sole income stream for RCE and, in my view, always will be. I agree with your available options assessment, however;
• raises more cash - this I see as their only viable strategy - as long as the shareholders are willing to keep putting their hands in their pockets
• is bought out - who would buy it at this stage? They have nothing proven of value, just the vague promise of 'new' technology
• enters into some form of arrangement with a large pharma - if, and when, they develop something that can make money - 'til then, no chance. Curative treatments hold little appeal for pharmaceuticals
Fortunately for Mr Graham, there are probably enough hopefuls and true believers to keep the gravy train chugging a while longer.
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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-5
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Last
32.5¢ |
Change
0.020(6.56%) |
Mkt cap ! $93.72M |
Open | High | Low | Value | Volume |
30.5¢ | 33.0¢ | 30.0¢ | $75.15K | 239.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10934 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.5¢ | 14999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10934 | 0.310 |
1 | 47005 | 0.305 |
5 | 26941 | 0.300 |
1 | 5000 | 0.295 |
8 | 49533 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.325 | 14999 | 1 |
0.330 | 6693 | 1 |
0.350 | 30000 | 2 |
0.375 | 8002 | 1 |
0.380 | 6820 | 2 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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Ronald Miller, Non-Executive Director
Ronald Miller
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