RGT 0.00% 38.0¢ argent biopharma limited

Ann: Appendix 4E and Audited 2017 Financial Report, page-91

  1. 1,046 Posts.
    lightbulb Created with Sketch. 28
    Not really.

    Lobbyists = Pumpers

    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.
 
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