RCE 5.88% 56.0¢ recce pharmaceuticals ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-5

  1. 5,647 Posts.
    lightbulb Created with Sketch. 1738
    Someone is chipping away at this. For what reason - who knows, but if the interest is genuine and for reasons we are yet unaware of, if the 60c wall gets taken out, this might run to 70c - 75c quite quickly. Slightly concerned its being pumped up for a raise. They do have a lot on the go and none of it will be cheap, despite funding from R&D rebate expectations.

    MACD is rising. major downtrend line is broken, volumes are getting better, depths looking better( often a mirage!) and Ichimokou has turned green. Quite like the structure at the bottom here.

    https://hotcopper.com.au/data/attachments/6119/6119879-602039f4af5221381ebe1d32ed1d17a4.jpg

    https://hotcopper.com.au/data/attachments/6119/6119886-cee8a6d271ec3be420aca7e6badd1dd6.jpg
 
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