RGT 0.00% 30.0¢ argent biopharma limited

went back and had a look at mgcs company valuation. There was a...

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    went back and had a look at mgcs company valuation. There was a couple of interesting things i noted. The first is that revenue is expected to hit 8-9 mil for the next 12 months (2020 fin year). The second being that there will be a 6 mil loan to be taken out by the company. With a bit of cash left for the company. Although this is from Edison research. mgc pharma would have had some input into the accounts. I would suspect that the loan will fund a lot of the plant and equipment for malta with increasing sales to cover the rest as per there forecasts.
 
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