Saw the tail-end of an ad for 7 News yesterday. They are featuring a story on Recce and Dr Melrose. Didn't catch for when, but noting the ad was on yesterday I assume it would be this evening or over the weekend sometime.
Being I've had an eye on RCE for a while with a view to taking a long term punt (and yes, it is very much a punt at this stage in the pipeline), this news along with the depressed price currently has led to me taking up a position today.
I've emailed Recce to seek clarification on when this piece will run on Channel 7. I hope/expect (?) there'll be a share price bump afterwards as a result.
For me, now I have a position, this is very much a long-term play, but figured getting in ahead of a positive major news outlet piece made more sense than doing so afterwards.
RCE Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
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