RCE 0.92% 54.0¢ recce pharmaceuticals ltd

up over 10% on no news, page-23

  1. 4,056 Posts.
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    steve 10
    maybe not as long as first planned- everything being fast tracked- red tape barriers broken esp in covid vacc
    but vacc still way to far away- therapeutics the only bridging answer
    recce looks to have a box seat as a therapeutic application
    in that case we have an uncapped upside here
    smart money on to that but cant extract much volume at every price point
    my earlier expectations fir a july august mcap valuation now exceeded yet again
    i didnt want to appear too way out there!
    now easy see 100 m market cap next week with that modest value more aligned on even the lower value bio peers at stage 1 human trials
    with the urgent unmet need expanding and recce 327 applications widening to 4 or possibly 5 fronts i expect reasonably this valuation to continue to accrete rapidly still
    i an definitely not a seller despite i see posters saying they sold today post big cap raise returns since 26c
    i doubt they will be able to reenter below those trader levels given the increasing demand for stock and most other holders looking to future large multiples here
 
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