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32.0¢ argent biopharma limited

Couldn't agree more. I call it commercial naivety as I have said...

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pnh88

327 Posts.

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30/11/17

18:24

Post #: 29266370
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Originally posted by Smiley777 ↑

I dont get this email reply?

We will not be advising the market or our shareholders every time we get a receipt or revenue from contracts in our Derma or Pharma businesses, just to be clear.

Yea you can say that when the bulk of the 40 million has been invoiced and payed. Until then your just another low cap penny stock with no income. If i read into this and its motives one of the trigger happy directors has jumped the gun a bit with a bad dose of premature ejaculation and now caught with egg on his face.
Rookie error. Most people in business will now you never pop the champagne until the money is in the bank.
Getting all arrogant as the email quote implies, shows low accountability to his own errors and its commitment to shareholders.

I for one hope he has reason to be cocky, and its no big deal when there is a delay in receiving money for big deals. Just the way management are going about it is wrong on so many levels.

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Couldn't agree more. I call it commercial naivety as I have said before. That's the way business protocol works croxtreme, nothing to do with the market. The market will assess actions and results. You confuse the two.

MXC Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 32.0¢		Change 0.000(0.00%)		Mkt cap ! $15.48M

Open	High	Low	Value	Volume
32.0¢	32.0¢	32.0¢	$471	1.471K

Buyers (Bids)

No.	Vol.	Price($)
1	20000	33.5¢

Sellers (Offers)

Price($)	Vol.	No.
34.0¢	1429	8

View Market Depth

No.	Vol.	Price($)
1	20000	0.335
1	1653	0.320
2	4044	0.300
1	20000	0.250
1	2200	0.230

Price($)	Vol.	No.
0.340	1429	8
0.355	10111	2
0.360	12399	3
0.365	100	1
0.370	2000	1

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