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The future for Derma?, page-36

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TheJuggernaut

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28/04/18

22:29

Post #: 32743834
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Originally posted by no vice ↑

Sorry Chopping l fail to see the connection. Just as an adjunct to what you say, the ABC ran a story on cannabis tonight on channel 24 at 2000 hours. The story touched on medicinal cannabis and possible recreational legislation. More to the point it talked about emerging players like Auscann and the fact that the worlds largest MM company Canopy Growth is happy to invest 16 million dollars through them in the Australian market.
MXC is not even mentioned, so much for the high level of vertical integration some claim we have. Our company is a ghost on the local market.
Even that pathetic Australian Bauxite company who jumped on the MM band wagon at the last minute got a mention. Honestly, you have got to ask yourself, is MXC for real. Anybody who is anybody in the MM industry seems to have never heard of them.
Another point that never seems to bother other share holders is the price of our Derma Cream. It might be a premium product but $150.00 Aussie dollars is a point beyond which even the most affluent buyers will fall away. Who is doing this market research and pricing our products. The money is with the masses and l don't need to be a Rhode Scholar to work out there aren't many buyers in the $300- $400 price range. Have any of you actually thought this through? Seems like a business plan and pricing strategy born from the loins of people totally off in LA LA land. A premium product is one thing, but it needs to be priced within the capacity of the masses. MXC have priced the derma range in the stratosphere but not one person has ever questioned the pricing or lack of affordability. Amazing!!!
Maybe with medicinal products, the avenue for PBS subsidies will help ameliorate similar high prices, but cosmetics- no chance.
I hold as l said, but there are so many irregularities that flag this company as one to avoid. Presumably, the market thinks similarly. You can fool some of the people all of the time, but like l said yesterday. The time for the company to perform is now. And that means a huge increase in the current SP. By December, if things are still lanquishing- cut and run. Time will tell soon enough. The company no body who is anybody ever heard about. Wow.
Yep, l know its going to explode and be such a success. Still waiting.

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Wasn't MXC mentioned on Sunrise?

MXC Price at posting: 7.6¢ Sentiment: Buy Disclosure: Held
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Last 35.5¢		Change 0.010(2.90%)		Mkt cap ! $17.18M

Open	High	Low	Value	Volume
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The future for Derma?, page-36

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The future for Derma?, page-36

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The market's shrugged at China's stimulus measures all year. Why is this one different?

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