RGT
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9.33% 41.0¢ argent biopharma limited

Ann: September Quarterly Activity and Cashflow Report, page-63

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  1. Sparkz918
    1,049 Posts.
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    26/11/19
    12:01
    Post #: 41634614
    I have brought this issue up before. This cash burning rate is just crazy (3.3M in just a quarter) and due to the uncertainty of revenue, as well as the likeliness of a material CR (further dilution) due to the dual listing, the market is just not interested in any ann from this company.

    Also, the recent YuShop drama and significant impairment of Cannaglobal equity have also caused loss of much market confidence in this stock.

    AGM is coming, so just see how everything goes.

    Good luck to everyone
    Last edited by Sparkz918: 26/11/19
    MXC Price at posting: 3.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 2  Great analysis
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0.035(9.33%) 		Mkt cap ! $20.25M
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