You only need to look at banking lobbyists to see the spin and vested interest they have to turn any negative into a positive, for a fee of course.
I still like the company, but cash burn is far to high for current results. Probably too many shares on issue, high wage bill, and a market that whilst still small is now overtaking them.
It's probably the skin care section of the company that has disappointed me the most. I thought that would be a nice little earner to fund other parts of the company.
MXC Price at posting:
3.9¢ Sentiment: None Disclosure: Not Held
