Totally agree. I also think they should charge only a reasonable...

First 21 Last

Share
Profile

Follow
sykobob

69 Posts.

3

03/05/18

19:49

Post #: 32870098
Share

Originally posted by no vice ↑

Moving forward as we Trek, personally l don't think someone as astute or risk averse as Warren Buffet or his company Berkshire Hathaway would go anywhere near a company like MXC

As for the cosmetics arm, we can only hope that Derma cream is not priced at $400 Australian dollars equivalent in any foreign market because there simply won't be enough consumers that could afford to buy it. Supply and demand is definitely linked to astute pricing. I guess that's why Maybeleen walks off the shelf in Coles as their successful business model knows small margins and high volume caputes any market.

Far be it from me to pitch the marketing speel for MXC but you have to ask yourself at what point does a premium product over price itself. Let's face it, this is not rocket science. The plant grows proficiently and the world is populated by mostly poor people.

Logic would suggest to me that the big money spinner would be Cannepil fuelled by Government subsidies like the PBS scheme in this country, where exorbidant drug prices are ameliorated by the tax payer.

This would need to be backed by clinical research and peer reviewed literature, all of which takes a number of years. I would be surprised if the company generates any significant revenue this year or next year unless the Varm-Cosmo deal comes to something. This is based on my own clinical opinion and research through James Cook University.

Expand

Totally agree. I also think they should charge only a reasonable amount for epilepsy medication. Not just what they think they can get away with

MXC Price at posting: 7.4¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Making money: How many microcaps should be in an investor's portfolio?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Finance school vs reality: What they don't teach you about the stock market

There are more pages in this discussion • 53 more messages in this thread...

First 21 Last

Add RGT (ASX) to my watchlist

(20min delay)
Last 30.0¢		Change 0.000(0.00%)		Mkt cap ! $16.08M

Open	High	Low	Value	Volume
30.0¢	30.0¢	30.0¢	$77	257

Buyers (Bids)

No.	Vol.	Price($)
3	21556	30.0¢

Sellers (Offers)

Price($)	Vol.	No.
33.0¢	105	1

View Market Depth

No.	Vol.	Price($)
3	21556	0.300
1	3921	0.255
2	14004	0.250
2	20938	0.245
1	2200	0.230

Price($)	Vol.	No.
0.330	105	1
0.395	5754	1
0.430	2500	1
0.440	2673	2
0.445	1668	1

Last trade - 10.50am 28/10/2024 (20 minute delay)

RGT (ASX) Chart

Totally agree. I also think they should charge only a reasonable...

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Making money: How many microcaps should be in an investor's portfolio?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Finance school vs reality: What they don't teach you about the stock market

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Totally agree. I also think they should charge only a reasonable...

Top Stories

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Making money: How many microcaps should be in an investor's portfolio?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Finance school vs reality: What they don't teach you about the stock market

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News