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25.5¢ argent biopharma limited

What’s your thoughts FM, do you think another CR is on the...

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Beginners_luck

1,309 Posts.

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02/06/19

19:13

Post #: 38869276
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Originally posted by Footmax ↑

The $2.5 mil was part of the original agreement and not part of the agreement that became fact in January. So, there won't be any loan repayment BL. Nor was there a down payment of one million.

Essentially, MXC got a supply agreement (with an upfront payment of C$500k and 10% share in Cannaglobal (the valuation of which is in the vicinity of $9-12mil depending on how that was valued).

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What’s your thoughts FM, do you think another CR is on the horizon? Would make sense to load the bank up as / if the options begin to be converted. I know your not one to play guess the future but I am genuinely interested in your opinion.
Kind of feels like it to me.
Maybe even a SPP for the loyal long term holders to participate in?

MXC Price at posting: 5.2¢ Sentiment: None Disclosure: Held
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Last 25.5¢		Change -0.035(12.1%)		Mkt cap ! $13.83M

Open	High	Low	Value	Volume
25.5¢	25.5¢	25.5¢	$465	1.824K

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No.	Vol.	Price($)
2	4408	25.0¢

Sellers (Offers)

Price($)	Vol.	No.
29.0¢	8264	3

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No.	Vol.	Price($)
2	4408	0.250
1	2200	0.230
1	14900	0.220
1	16950	0.200
1	5588	0.170

Price($)	Vol.	No.
0.290	8264	3
0.300	136	2
0.305	2073	2
0.310	50	1
0.320	50	1

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