Never really got too much into MXC I'm not a fan of the markets they're operating in and from. Haven't had a deep look at the board, balance sheet, vision and so on...
Would suffer similar characteristics than THC but with more risk. THat is not being ideally placed to lead in any main areas, IP, grow and manufacture.
The cosmetics elements is something.
Don't think it'll go much further down. Potentially might look into it, because if MC dips a bit given global consolidation, then I'll bring forward my own investment schedule and may enter MXC. Then if that happens, you know the rest.
I'll have a look this WE
AC8 Price at posting:
52.5¢ Sentiment: Hold Disclosure: Held
