From Stochead 2018 article re Mr Melrose. Apparently he was at the helm of Chemeq many years ago but left the company. Apparently he had a substantial holding in that company too but apparently did not sell his holding as he thought that would reflect negatively. After he left the whole thing went belly up and he lost the lot I believe. I think he was involved in starting recce.
"He was famously worth over $130 million — on paper at least — when he was running Chemeq, which blew itself up a decade ago after he left.Now Graham Melrose is back — this time eying a $US1 billion payoff for his new vehicle, Recce Pharmaceuticals (ASX:RCE), if it can develop a new generation of antibiotic drug to beat the superbug"
Ann: Response to ASX Price and Volume Query, page-34
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Last
46.0¢ |
Change
-0.020(4.17%) |
Mkt cap ! $106.6M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.5¢ | 45.0¢ | $51.12K | 110.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 56280 | 1 |
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| Last trade - 15.57pm 19/11/2024 (20 minute delay) ? |
| RCE (ASX) Chart |