RGT 4.92% 29.0¢ argent biopharma limited

Ann: June Quarterly Activity and Cashflow Report, page-52

  1. 668 Posts.
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    A 5:1 consolidation doesn't constitute SP growth to me. Looks very much like we are going to be milked and milked to the point that anyone holding less than a million shares won't have anything of value. No revenue, vague time lines to any meaningful revenue, certain capital raisings (possibly multiple), and an inevitable consolidation is the future reality. I really want to be optimistic but its hard to see happiness in the current scheme of things. I am certain my 500,000 shares is never going to return anything like the $200-$300 K that l dreamed it might. Dilution is going to kill everything.
 
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