I note that Dr Graham Melrose has sold a parcel of 1 576 923 shares through this raising as well, increasing the shareholder base in the company.
This also increases the free float and unlocks some of the top 20 holding without dilution.
His consideration is just over $2 million and I feel this is a great outcome for him, he has worked hard and deserves reward.
I also feel that this raising goes a long way to opening the company up for trading and increased trading activity, a good thing.
I do not like dilution, but it is sometimes unavoidable to geT forward movement.
RED
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- Ann: Recce Completes Capital Raising of $27.95m
RCE
recce pharmaceuticals ltd
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44.5¢

I note that Dr Graham Melrose has sold a parcel of 1 576 923...
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Last
44.5¢ |
Change
0.080(21.9%) |
Mkt cap ! $128.6M |
Open | High | Low | Value | Volume |
37.5¢ | 44.5¢ | 37.5¢ | $191.2K | 477.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12222 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.0¢ | 10976 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12222 | 0.440 |
2 | 8000 | 0.425 |
1 | 50000 | 0.420 |
1 | 4175 | 0.415 |
2 | 69894 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 10976 | 2 |
0.460 | 14304 | 2 |
0.470 | 100000 | 1 |
0.490 | 8000 | 1 |
0.500 | 13381 | 3 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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