At 30 June 2023, Recce had over $3 million in debt, by the time the Capital Raise is concluded this will be over $4 million.
Therefore most of any cash raised will be used to repay debt. Virtually nothing left for any new trial expenditure!
Looks to me like Recce is f#$%ked!!!
Ann: Trading Halt, page-51
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Last
48.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $111.1M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.5¢ | 47.0¢ | $86.44K | 181.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 139334 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 20000 | 1 |
View Market Depth
| Last trade - 15.47pm 07/08/2024 (20 minute delay) ? |
| RCE (ASX) Chart |