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32.5¢ argent biopharma limited

Well informed comment mate. Lets hope MXC is one of the...

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26/06/17

16:38

Post #: 25496121
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Well informed comment mate. Lets hope MXC is one of the survivors.

Originally posted by NZ Trader ↑

Agree, I think it was more of a flurry than a bubble, the issue surrounding big money investment which ultimately builds these companies is Gun Shy at present due to the legalisation issues. The big push for the MC stocks came from the talks surrounding legalisation in several different markets simultaneously Canada being the biggest push. When income is derived from these companies you will see a migration of fund managers who's clients will demand to have a slice of the MC pie in their portfolios. Thats when you see brokers pouring money into an emerging industry. Most investors in the green sector at present are ahead of the curve (speculating on earnings and survival) and are small to medium sized players, When the big money pours in they generally like to own solid percentages of the company not just isolated buying. So you can see the impact on the SP when a huge fund manager was told by its investors to grab 10% of a company. ( they just keep on accumulating no matter the S

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MXC Price at posting: 4.4¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 32.5¢		Change -0.010(2.99%)		Mkt cap ! $15.73M

Open	High	Low	Value	Volume
32.0¢	32.5¢	32.0¢	$2.203K	6.783K

Buyers (Bids)

No.	Vol.	Price($)
1	1666	30.0¢

Sellers (Offers)

Price($)	Vol.	No.
35.5¢	8746	1

View Market Depth

No.	Vol.	Price($)
1	1666	0.300
1	20000	0.250
1	2200	0.230
1	4545	0.220
1	4761	0.210

Price($)	Vol.	No.
0.355	8746	1
0.360	600	1
0.365	100	1
0.370	2000	1
0.400	1183	5

Last trade - 14.31pm 17/09/2024 (20 minute delay)

RGT (ASX) Chart