All good posts recently
I am sensing both increased positiveness (at the Burns results) and increased nervousness that big Pharma will somehow get RCE cheap
let's think this through
it is a revolutionary product (aka facebook, google, apple, forget pharmaceuticals)
this is a tightly held stock, per most recent shareholder register update, the top 20 hold over 50% of stock
in fact the top 5 including CEO hold over 30% of stock
a hostile on or off market takeover has zip chance unless top 5 holders think it is a good deal ... then it is
yes the current price has been depressed and I am sure the top 20 shareholders haven't dropped their expectations
this ain't a third world country, if someone accumulates more than 5% of stock, the company needs to notify substantial shareholder
if someone is sneaky and attempts to build multiple unassociated holdings, it will eventually fall apart with tight vigilant shareholder base
I am sure our very experienced management team is not only covering product development but also looking to maximise takeover leverage
( remember management can't control low volume price manipulation just like big pharma cant control high volume supply demand price trajectory)
keep the faith
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RCE
recce pharmaceuticals ltd
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Last
31.0¢ |
Change
0.010(3.33%) |
Mkt cap ! $89.39M |
Open | High | Low | Value | Volume |
31.0¢ | 32.0¢ | 30.8¢ | $19.58K | 62.05K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 18944 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.305 |
4 | 26603 | 0.300 |
3 | 39803 | 0.295 |
5 | 167061 | 0.285 |
12 | 366389 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 18944 | 3 |
0.315 | 24351 | 1 |
0.320 | 71136 | 3 |
0.330 | 114230 | 1 |
0.350 | 51319 | 4 |
Last trade - 12.43pm 27/06/2025 (20 minute delay) ? |
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PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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