RGT 16.0% 29.0¢ argent biopharma limited

............... and There it is. I have been wondering --- How...

  1. 286 Posts.
    lightbulb Created with Sketch. 188
    ............... and There it is.
    I have been wondering --- How will management get money back in the coffers to cover the Lifestyles of the Board , at there current levels.

    A Credit Raise , just would not be appropriate (after the recent Cr to enter the LSE)..
    A need to create a" Potential Share Price " rocket -- with a Chance of sales over a three year period, and a plausible reason why the BOD is not
    responsible --- if the sales fail to eventuate -- if the New distributor into the US -- is unable to arrange certification--

    https://hotcopper.com.au/data/attachments/3514/3514829-8172fb0f1d3c5a0e766cd9eb5b6dd54e.jpg
    https://hotcopper.com.au/data/attachments/3514/3514834-552001748f7d9efb22c8948fa883d7b5.jpg
    especially by the 30th September 2021.

    MXC will get a $750,000 up front cash injection -- a draw down facility at the anniversary date of the deal -.

    I was sure the Board would not let the gravy train stop -- Genius and awe inspiring -- I am impressed.

    GLTAH--- will see how trials and certification can expedited over the next 5 weeks.


 
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