RGT 0.00% 39.0¢ argent biopharma limited

I think people get spooked about the half yearly with the 7...

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  1. 634 Posts.
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    I think people get spooked about the half yearly with the 7 million in expenses. What people dont realise is that 4 of the 7 relate to a contigent liability meaning the shares mgc uk will receive instead of being worth x are now worth y the only thing that changed was the value. I think with mgc derma starting to build the base and masbut looking to increase purchases revenue is starting to flow in.
    As to when it covers expenses my turning point will be gmp. I saw someone say we have a months wait until then i dont know. You would anticipate that once these revenue streams come on line the board will pump eaenings into building malta and other projects. The company is on its way and once gmp is up and running happy days will be here again.
 
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