RCE recce pharmaceuticals ltd

Very strange as the SP seems to be continuing to fall with...

  1. 4,875 Posts.
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    Very strange as the SP seems to be continuing to fall with decent volume. Fidelity getting onboard @ $1.30 has changed the SP dynamics.

    Maybe traders were expecting the SP to fly 200-300% upon release of Covid trials which didn't happen & they bailed. Add the $1.30 CR to the mix & more bailed. It has created a downward spiral looking to bottom out at $1 or so.

    SP has retraced to 62.8% after a big run from 25-30c to $1.68 in 5 months so I think this is normal. SP is still up 300-400% & need's a breather before the next big run.

    Good time to top up or enter.
 
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(20min delay)
Last
31.0¢
Change
0.010(3.33%)
Mkt cap ! $89.39M
Open High Low Value Volume
31.0¢ 32.0¢ 30.0¢ $25.76K 82.29K

Buyers (Bids)

No. Vol. Price($)
2 13550 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 18938 1
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
RCE (ASX) Chart
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