I am going to prove, through math's, why Recce is such a low risk investment right now.
With the cash in bank from CR and R&D refund, and the number of shares on issue, the lowest the share price can go is about 20 cents. If you bought in now around $1.10, at worst you would lose about 80%. That 80% capital loss would be able to offset future capital gains. So at a conservative tax rate of 35% you would get a 28.6% offset. Add that to you initial 20%, then you only stand to lose half your money. HALF! So if you put in 10k now you only risk half of that, but you get the potential upside on the full 10k! At a potential Disallowed, you are betting 5k for 100k return. Find me better odds than that! DYOR
RCE Price at posting:
$1.06 Sentiment: Buy Disclosure: Held
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