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0.00% 30.0¢ argent biopharma limited

Ann: MGC Pharma COVID-19 Business and Operations Update, page-5

  1. StockObserver
    1,303 Posts.
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    06/04/20
    14:55
    Post #: 43907068
    https://hotcopper.com.au/data/attachments/2081/2081512-595890cadd4ce94b359e14060a173d31.jpg
    All existing contracts....

    Sounds ominous to me.

    If by some chance they were to get the shares price back to 4c in the future.... they won't have actually taken a paycut at all. No choice but to pay in shares when there's only loose change left in the til.

    MXC Price at posting: 1.7¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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