RGT 7.94% 29.0¢ argent biopharma limited

Ann: UPDATE ON ARTEMIC PHASE II TRIAL ON COVID-19 PATIENTS, page-49

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    Malta was mentioned in the Annual Report.

    Worth reading. They are in breach of the terms in Malta and risk facing penalties of €12,000 PER DAY if the Maltese Government wishes to enact those penalties.

    So spend at least €6m or face crippling daily penalties. eek.png


    https://hotcopper.com.au/data/attachments/2526/2526027-5007345519b2e2b86e9a1954510d9e2e.jpg


    Then they also owe approx $1.8m for their lease in Malta attracting 7.4% interest charges.

    Looks like the Maltese Government has MGC over a barrel?
    Last edited by StockObserver: 02/10/20
 
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