RGT 7.35% 31.5¢ argent biopharma limited

Ann: Change of Director's Interest Notice- Appx 3Y Brett Mitchell, page-3

  1. 327 Posts.
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    Are you serious? 600,000 shares @4C  is a whopping commitment of $24k. When you look at his direct and indirect shares of around 26,000,000 he really is showing great confidence by increasing his holding by less than 0.1 of 1%. (I don't think). $24k also represents a fraction of his income, actually its more of a subsidised shareholder contribution. No real commitment at all. In fact its exactly an appeasement to disgruntled shareholders and a poorly disguised one a that. If this is a play to indicate some sort of confidence in the future of the company I does not work for me.

    Lets see some revenue and the fulfilment of past declarations eg an Australian growing licence for a start.

 
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