Why are you losing sleep over not getting more at 68c...? Sounds...

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The Ace

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13/07/20

09:35

Post #: 45816343
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Originally posted by Bpharma: ↑

thanks for that
good to see vesty super increasing the holding as the share price appreciated rather the sell down
boy the free float is going to make it hard for an insto to get on board before phase three if at most they only need circa $10 m for phase 2
if the cap raise is spread a bit 5 of them would likely get less than 2$ mill ea
i expect some to be forced to enter the market soon
collins st fund managers said they entered par early phase 2 ( unusually for them) as the evidence for success exhibited by tga special access trials was overwhelming efficacy
its hard for recce to be accessed via similar GP tga application as its a hospital iv application to v sick sepsis patients and hospitals very very reluctant to use non fda approved drugs for even life critical situations
so apart from upcoming possible covid CSIRO tests in vivo in vitro etc in non humans, we need to look elsewhere for such confirmation
all pre clinical bacteria and virus tests have exhibited exceptionsl efficacy and no toxic indications even at 10 - 100 times expected efficacy dosages
tests on humans for taking preclinical gonnoreha tests are likely to be a lot faster to gain approval for use
same with outstanding results on urinary tract infections
all serious concerns over bacterial resistance to current penecillin based drugs
the first up for human use is i reckon human trials in burn and other open skin wound exposures where rec327 has shown superior non toxic performance in mice etc
all these parameters going on concurrently provide a very rich news agenda over this year and next
at this mc under $300 m i reckon a major undervalued risk valuation is still priced into the market
after reading in detail the recent imu presentation for investors on values applied to small - mid cap bio pharma- to big big cap pharma
$350 seems the lower bar $1.5 the upper for where recce is right now
if one realistically applies the depth of the market on all these possible unmet medical issues from which millions are dying the numbers are truly extraordinary !
even a 10 pct penetration like collins st fund managers applied to PAR results in a multi bill valuation
if recce becomes a first in line defense as they say they exoect would be appropriate to eventuAte those numbers look clearly conservative
the recent year/months revaluation trajectory is i very much believe just the start of an exponential rise in value
but then i ve been saying this since 14c and 26 c
now im really really saying it louder
yes im a big investor and looking for more
i lose sleep over not getting more at 68c recently as others but that miss is tiny to the gain ahead i feel sure
cheers as always

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Why are you losing sleep over not getting more at 68c...? Sounds like you loaded up big time in the 20's and 30's. It can still go pear shaped you know. It might be wise to truncate your emotions from this stock.

RCE Price at posting: $1.05 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 29.0¢		Change -0.020(6.45%)		Mkt cap ! $83.62M

Open	High	Low	Value	Volume
30.5¢	30.5¢	28.5¢	$161.7K	556.4K

Buyers (Bids)

No.	Vol.	Price($)
1	10451	28.5¢

Sellers (Offers)

Price($)	Vol.	No.
32.5¢	12600	1

View Market Depth

No.	Vol.	Price($)
1	10451	0.285
11	301839	0.280
5	55509	0.275
3	160000	0.270
1	5000	0.265

Price($)	Vol.	No.
0.325	12600	1
0.330	114230	1
0.350	51319	4
0.380	6000	1
0.385	2985	1

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