Tag team off the top rope with Unknown eh. Smash lol.
In reality it is often the case on ASX that things just go quiet if results dont say what we wanted to hear, certainly seen that with others ive held. I was thinking that we would hear something positive from the overseas trial purely because we now have the huge tax offset for foreign research costs generously supplied by australian government. One of my cynical concerns was that whoever is carrying out the work overseas would become aware of this tax offset the work might go on longer than it really should for maybe no return.
From what i have seen the RCE management have been very good with cash so far so hopefully they will draw a line if Covid does look like being a dead end. Hopefully they can just put all their efforts into getting the IV and Burns trials under way asap. Best news to get this out of the doldrums would probably be that first patient is being dosed, biggest frustration for you guys especially seems to be that they still haven't actually started human trials to date despite all apparent great results.
RCE Price at posting:
$1.03 Sentiment: Buy Disclosure: Held
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