RCE recce pharmaceuticals ltd

All good posts recentlyI am sensing both increased positiveness...

  1. 29 Posts.
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    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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Last
31.0¢
Change
0.010(3.33%)
Mkt cap ! $89.39M
Open High Low Value Volume
31.0¢ 32.0¢ 30.0¢ $25.76K 82.29K

Buyers (Bids)

No. Vol. Price($)
2 13550 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 18938 1
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
RCE (ASX) Chart
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