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28.5¢ 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 28.5¢		Change 0.000(0.00%)		Mkt cap ! $13.79M

Open	High	Low	Value	Volume
28.5¢	28.5¢	28.0¢	$15.14K	53.18K

Buyers (Bids)

No.	Vol.	Price($)
2	73	28.5¢

Sellers (Offers)

Price($)	Vol.	No.
29.5¢	3187	1

View Market Depth

No.	Vol.	Price($)
2	73	0.285
2	11127	0.280
1	7100	0.275
2	13700	0.270
1	2000	0.260

Price($)	Vol.	No.
0.295	3187	1
0.300	1000	1
0.310	5530	2
0.370	1056	1
0.380	1047	1

Last trade - 13.52pm 29/07/2024 (20 minute delay)

RGT (ASX) Chart