RGT
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2.80% 55.0¢ argent biopharma limited

Ann: March Quarterly Activity and Cashflow Report, page-12

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  1. Mudcrabmadness
    233 Posts.
    lightbulb Created with Sketch. 131
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    30/04/19
    14:06
    Post #: 38328525
    The kings of bluff can’t hide behind no revenue and significant costs. This company is in real trouble IMO.

    best outcome is probably more smoke and mirrors to get SP up and fire sale exit to save face. A capital raise might be difficult in the crowded space and more dilution will put further downward pressure on SP. Seems all their deals have virtually no credibility or follow through with revenue as promised.

    I expect this to tank badly unfortunately.
    MXC Price at posting: 4.7¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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