RCE 0.00% 46.5¢ recce pharmaceuticals ltd

Ann: Trading Halt, page-40

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  1. 7,791 Posts.
    lightbulb Created with Sketch. 20
    That is good to hear Teronius, you seem very sure and confident - wish I could share that with you - their cash burn will eat the $1.8m very quickly and if they don't put more on the table soon there may be some questions asked.

    How will the SP get higher and then who do you believe they will be raising at higher prices from - and at what level of dilution?

    Hard to see the funding come from debt.

    Cheers

    Cabe

 
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