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2.90% 35.5¢ argent biopharma limited

Ann: ArtemiC Listed as OTC Drug in USA, AMC Places US$2m Order, page-3

  1. Footmax
    14,010 Posts.
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    21/03/23
    10:34
    Post #: 66874108
    Ant news like this has to be good news, of course. $2mil order is good too - over what time span is still a valid question.

    "Phytomedicine" is actually a herbal medicine so not a mainstream drug. It is essentially, a herbal product with some ant-viral properties.

    Nevertheless, this is still a positive result for MXC.

    What needs to now be judged is how much demand will be generated in the US. Herbal medicine sales in the US are probably not that earth shattering but it will be interesting to see the take up over there.
    MXC Price at posting: 1.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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