Australia's largest stock trading and investment forum Australia's #1 stock forum

RGT

Click for more information

8.22%

39.5¢ argent biopharma limited

Yep spot on, they are making money in the pumps from suckers and...

First 5 Last

Share
Profile

Follow
delux73

2,143 Posts.

235

29/07/22

11:43

Post #: 62805733
Share

Originally posted by StockObserver: ↑

They either convert notes and dump shares on market dropping the price and allowing them to convert the next lot even lower.... rinse and repeat. But ultimately the facility is secured against the whole company. So they get the business if they can't get the money.

But there's enough gullible punters out there that they believe they can keep rinsing their con notes shares as required for now. The Poms are acting like @divvv10 and his mates were back in 2018 so there's still some fleecing to be done yet haha

I believe there may be some links with Mercer St and the board too.... more to come on that one

Expand

Yep spot on, they are making money in the pumps from suckers and then lending the profits back to the company to do it all again... and again
Start with $1 mil and end up with $10 mil and own the company for free. genius really.
You can be sure Mercer at is linked with the directors somehow.

Good luck

MXC Price at posting: 2.0¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 4 more messages in this thread...

First 5 Last

Add RGT (ASX) to my watchlist

(20min delay)
Last 39.5¢		Change 0.030(8.22%)		Mkt cap ! $17.88M

Open	High	Low	Value	Volume
36.5¢	39.5¢	36.0¢	$11.35K	30.33K

Buyers (Bids)

No.	Vol.	Price($)
1	1158	36.0¢

Sellers (Offers)

Price($)	Vol.	No.
40.0¢	50	1

View Market Depth

No.	Vol.	Price($)
1	1158	0.360
3	21026	0.350
1	1400	0.340
1	15100	0.335
1	31749	0.315

Price($)	Vol.	No.
0.400	50	1
0.410	5500	2
0.420	460	1
0.430	3323	2
0.450	934	2

Last trade - 16.10pm 28/05/2024 (20 minute delay)

RGT (ASX) Chart

SPONSORED BY