Good to see the SP hit new highs today after the traders had their fun in the morning.
After more research on the weekend, I'm staggered at the amount of press this company with its innovative products is receiving!
The buzz surrounding their products alone will drive a huge level of sales.
In an earlier announcement, they referenced Lily (a competitor to the Roam-E product) that launched for $900 & they received 34m in pre-orders
Our product is cheaper & more advanced ... No wonder they wanted to partner with a manufacturing facility capable of producing 50,000 units PER WEEK
The sheer numbers are staggering on this one & with 273m shares on issue (prior to performance shares) this still has enormous legs.
A pre-order update should be coming ASAP & this could be the catalyst for 10c in a heartbeat.
Beyond that, just imagine if they hit their buy-out hurdle which was NPAT 1m by 30 June 2016 (yep - only 2 months away)
WOW
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RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
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