RGT 1.79% 28.5¢ argent biopharma limited

ASX Today, page-6

  1. 12,392 Posts.
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    It is all about leverage. We can assume that heads will move towards 10c+ in the future with more and more demand for its products. They had an insider on ABC yesterday stating that there is already a shortage of medical cannabis in QLD to satisfy demand when new legislation become effective in March'17.

    Heads at 10c, oppies will still follow at 3-4 c difference. That would double the heads from now and triple oppies in value. That's why oppies are so attractive, with 6.5c and nearly still 3 years to expire. And when buying now 3 times more oppies for the same money the advantage is 4-5 fold.

    GLTA
 
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