RGT 0.00% 29.0¢ argent biopharma limited

Feels like a scam

  1. 668 Posts.
    lightbulb Created with Sketch. 90
    If it is a scam, we will know soon enough. The AGM on Wednesday is going to be an interesting affair. The market is rightly concerned about the way this company has operated completely oblivious to its share holders. You reap what you so l guess. Profit taking and reasonable doubts has caused the sell off. If the offer is legitimate, the SP will fly, because even at 8 cents valuing MXC at 80 million, an income of 40 million is a PE of just 2. Fly or crash and burn is how the market is starting to evaluate this company. Personally l always thought l would lose all my money, but a financial miracle is possible if all is legit. A huge rebound is certain if true, but you need firm hands. I hold tight and clench my butt cheeks.
  2. 3,486 Posts.
    lightbulb Created with Sketch. 342
    FYI - use profit in your calc for earnings, not revenue.
 
watchlist Created with Sketch. Add RGT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.