RCE recce pharmaceuticals ltd

'Critical step': Go for Recce's Phase III trials after banking $15.8M in capital raise, page-19

  1. 9,316 Posts.
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    You are hilarious. "Whatsa matter - cat got your tongue?" Do I not reply to all of your posts criticising RCE as being a joke of a company (and ergo its shareholders)? Obviously you try to paint some hiding from the great truth you have discovered; that RCE is still apparently in preliminary stages of commencing its phase III trials. Surprise, surprise - no one actually contests RCE management has been and continues to be tardy on its guidance/timelines.

    Again, I am no great advocate of RCE management or James Graham particularly, but at this valuation with the capital structure, trial history and pathways in place, even you could steer this company into trial - the success of which no one disputes unknown, beyond estimation. Indisputably phase III trial sites in place, ethics approved, funds in place to complete; phase II trials completed, etc, etc. Its clearly a phase III company, the original stupid argument.

    I am not so much endorsing the company (or certainly its tardy management) as arguing against the crap you write against it and its shareholders on Hot Copper. For example, telling all so often how you've called the demise of the company and share price, when in fact you've been calling the same since August 2019....at $0.23. You got so close to getting it right recently, at last, after 6 years with its $0.28, 5-year lows.

 
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38.5¢
Change
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Mkt cap ! $111.3M
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