RCE 0.00% 46.0¢ recce pharmaceuticals ltd

I think we can all agree that the market cap does not even have...

  1. 583 Posts.
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    I think we can all agree that the market cap does not even have a tenuous connection to reality.

    For a phase I bio, no cash in the bank, inexperienced team, you would expect maybe $10m? Nothing anywhere near the current $120m valuation. We're in meme-stock territory, really. So I think any sort of charting and TA is kind of futile.

    But the SP is consistently bollstered back up, quite reliably. I assume by family?
 
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