RGT 0.00% 39.0¢ argent biopharma limited

Ann: First European Distribution Deal Signed for API Products, page-39

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  1. 668 Posts.
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    Hope you are right mate. If we do get a bounce to ten cents it will not be such a big windfall in money terms for me (just in the green), but it will be a huge lift in confidence in the longer term viability of this company. I am happy enough to wait as long as it takes and not sell out prematurely as long as I see steady wealth building and robust governance. The problem at the moment is that the market perceives this company to be wish washy with no strong stewardship. If we can get past that and prove it is a robust corporate player, then confidence will return. Management must step up and deliver, that is their role and at the moment, it looks like they are lost at sea. That's the problem right now so far as I can see. The market is not convinced these guys have the balls to deliver a positive cash flow and sustain it. But they draw salaries like they run established blue chip companies.
 
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