RGT 4.92% 29.0¢ argent biopharma limited

Ann: EU Medical Cannabis License Granted with Strategic Agreement, page-155

  1. 1,601 Posts.
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    No vice

    The funny thing is there are plenty of stocks without a form of profit coming in the door that are valued way higher than MGC

    Example being AC8, example in another sector BBX mining. So sometimes I really don't think it has to do with profit. Look at stem cell for example up to 90 cents off the back of one announcement.

    So much emotion when it comes to stocks rising.

    I think dilution here is a major factor with over 1 billion shares on offer.

    I do however think that this stock has way more potential than the they cannabis stocks hence why I have invested in it.

    I think we will need to wait a little while for some positive movement without instant selling

    Markets can be funny things sometimes.
 
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