RGT 12.1% 25.5¢ argent biopharma limited

Ann: FDA Approval Granted and First US Distribution Deal Signed-MXC.AX, page-169

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  1. 1,372 Posts.
    Why do MXC need to sell more? Do Hyundai need to sell more cars than Toyota? Do Bentley need to sell more than VW?

    Tesla isn't the first company to build an electric car and so not a first mover either. But their Steve Jobs Apple style marketing means it doesn't matter.

    MXC may not be first mover but it is certainly an early mover. This industry is only now coming to life. Its spreading across the world but it is still very early days. This will be a monster industry and MXC are early movers with established processing techniques. Ready and approved products. MXC can produce their own products from planting to harvesting to processing into products approved for sale in the largest economy in the world. I'm not finding much downside and at no point did i consider MXC a first mover. Never mattered to me.

    Having said all that its still a penny stock and high risk. But for me personally this is the only type of pharmaceutical company i would even consider investing in. Good luck to all.
 
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