RGT 42.1% 16.5¢ argent biopharma limited

Ann: First $8m Binding Cosmetics Sales Agreement Signed, page-82

  1. 4,005 Posts.
    lightbulb Created with Sketch. 827
    Long term holder here (from the ERI days).

    In my opinion today's announcement raised some uncertainty around the numbers in the deal and what they mean in terms of $ for the JV and ultimately MXC.

    I'd like to understand how much the JV is paying a third party for its raw ingredients (other than the CBD from MXC). At present we know MXC will collect (from the JV directly) around $5m for the CBD over the entire $40m contract, but we don't know what profit the JV will make (and what MXC will collect indirectly) without knowing it's entire production costs for the cosmetic product.

    Any ideas?

    Cheers,
    TT
 
watchlist Created with Sketch. Add RGT (ASX) to my watchlist
(20min delay)
Last
16.5¢
Change
-0.120(42.1%)
Mkt cap ! $7.986M
Open High Low Value Volume
25.5¢ 25.5¢ 15.0¢ $58.44K 348.6K

Buyers (Bids)

No. Vol. Price($)
1 15540 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 7113 3
View Market Depth
Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
RGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.