The reality for this company is that if they haven't broken through within 3 more years it is likely to go nowhere.
My personal view is that I am sure RCE are looking for a big name partner to do a larger study in the USA. One mechanism for their involvement is that, the partner buys into RCE with capital - say takes 20% stake of the Company. That capital and existing capital provide a large runway for trial expenses, ALL of which is allowable under the R&D announcement yesterday. So the investing partner effectively gets additional free money from the Australian government to push along product development. A pharma with an interest in this space would see the Aus government funding as a massive free kick. I still see a deal being done with someone within 6 months.
- Forums
- ASX - By Stock
- Ann: RCE Awarded $43.7m AusIndustry Advanced Overseas Finding
The reality for this company is that if they haven't broken...
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RCE (ASX) to my watchlist
|
|||||
Last
47.5¢ |
Change
0.005(1.06%) |
Mkt cap ! $96.89M |
Open | High | Low | Value | Volume |
47.0¢ | 47.5¢ | 47.0¢ | $134.2K | 284.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 60696 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.5¢ | 13798 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 60696 | 0.470 |
2 | 102150 | 0.465 |
7 | 236391 | 0.460 |
2 | 111000 | 0.455 |
10 | 238227 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.475 | 13798 | 1 |
0.480 | 20000 | 2 |
0.485 | 95000 | 1 |
0.495 | 40000 | 2 |
0.500 | 60500 | 2 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
RCE (ASX) Chart |