RGT 2.90% 35.5¢ argent biopharma limited

Outlook for MXC, page-173

  1. 14,007 Posts.
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    Yeah but you have to admit they were not as blatant back then - and it was about the time I sold that there were clear signs that a lot was wrong.

    MXC did look the business a few years back - rot did set in when the collapse of the VC deal was not relayed to shareholders for seven months and I was posting then that this is unacceptable if you recall and that I also pointed out the shortcomings of MXC passing relevant information on to shareholders and that general communication was poor. I know that it was at that time that I lost confidence in MXC and decided that an exit was an option. I admit that it was a decision that was overdue but it is hard when you know your losses would be big. In the end, making that loss was almost a relief to ditch my holdings.

    MXC are really good at raising hopes that they have turned the corner - and I know they sucked me in

    Current situation is far worse than it was two or three years ago - and the thing you posted really brings that into focus.
 
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