RCE 1.72% 57.0¢ recce pharmaceuticals ltd

Shorter In The House - ASIC Where Are You?, page-35

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    I guess the apparent next bit of interesting information will be

    "Domestic and International interest in study and study site expansion progressing, with expected advancement Q1 2023"

    That would seem to indicate they expect something to occur before end of March, but no guarantees. Absolutely any update on this study would surely indicate there is at least life left in it and it must be offering some sort of benefit currently for anyone to consider expanding it. A simple announcement like military are considering using it for field dressings or something like that could set things alight. Just being glass half full for a change.
    Whatever you think of James it seems he has done a good job to get this far with a small biotech and still have only 180 million shares on issue. Right now could still raise another 30 million for only another 50 million shares on top of that SOI, assuming they can find instos or sophisticated investors prepared to put cash in at current sp. Only negative might be convincing investors while those who put in at 1.30 are still down more than 50%. That is why I'm hoping he has something ready to release on burns and is just holding on to time it with cash raise.
 
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