MXC could not raise further funds (they had tried and no one would give them any more capital)
MXC got very very lucky with timing that UK exchanges changed their rules within the 8 weeks that mxc was a dead duck around listings for cannabis companies. What the BOD did well was move on and find more suckers. (raise rinse repeat)
Do remember that the SP is because of them. this company would be worth much more on the books if it wasn't for management. if anything i did give the asx holders a pump to get out on. But I wouldn't be crediting it to the board. more like if you cant be em join em and get out on pump.
MXC Price at posting:
0.7¢ Sentiment: Sell Disclosure: Not Held
