RGT 0.00% 31.0¢ argent biopharma limited

MXC - Nice jump on open, page-6

  1. 394 Posts.
    "One has to wonder about the vagaries of stock market sentiment as I have said many times before. Fancy a mere stem cell minnow doing 3000%, a brash bauxite wannabe powering on, but MXC with all the cash and talented credentials just languishes. Blows my mind trying to work it through logically. Unbelievably mind boggling stupidity- MXC should have entered the stratosphere compared to those two minnows by now, but it still sits like a fat girl that nobody wants to ask for a dance. Am I missing something?"

    @no vice I dunno how you managed it, but it would appear you did miss this...

    The Directors just sold 153,846,154 ordinary MXC shares at $0.065 each to sophisticated and professional investors.

    Now something like that will delay, if not impede, "MXC entering the stratosphere".

    IMO, the MXC shareholders should be reasonably content that the sp has held up well and at this stage isn't drifting down to the CR price which generally is what happens with CR's.
    ***
 
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