RGT 9.38% 35.0¢ argent biopharma limited

Ann: Trading Halt, page-44

  1. 1,049 Posts.
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    In my opinion, a medical cannabis company should always utilise all the available capital and resources on its core business (i.e. MM) and the participation in any "new project" implies a change of business direction, which always look like a red flag to me.

    Furthermore, most people believe this COVID-19 virus is not going to last long, most likely last less than an year. So a big question for the company will be whether the change of business direction under current market environment, will be sustainable for the company in long term?


    Last edited by Sparkz918: 20/03/20
 
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