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16/04/20
15:56
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Originally posted by Exalted:
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I feel like if the Board could put COVID-19 in their headlines they would. This team is rather savvy, and whether you think its a good or bad thing it has been noticeable that they do jump on bandwagons when they see the market going a certain way. But as MXC showed, IMO the Board didnt want to be called out by the ASX if there was even a chance that they thought we were being misleading. ASX forced MXC to retract their statement about COVID-19. I think the Hand Sanitizer type companies are easier to pump because everyone knows hand sanitizer helps out and you can get immediate sales etc, whereas if IHL was practically saying that the ARDS formulation has been tested and works then yeah we'd see a MEGA pump. Inhalers are the other thing that could probably get us on the corona pump train but the board was careful to add investigating their usefulness because honestly, they dont know if they work yet either and need definitive proof before announcing that to the market. I much prefer our board to be as honest as possible, and if that means they need more time to investigate before making COVID-19 related announcements then so be it.
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I agree,,I watched MXC through that whole thing.The Ann they released was a total joke and had absolutely nothing to do with Covid-19. reminds me of the CLI scam got caught up in with Steven silvers insider trading crew.