What is the go with this share, page-11

I am doubtful that the price can dip much further as the price volume seems to behave like a highly compressed spring, waiting for a strong recoil at any moment. One must have strong courage to buy into a big position when price is right cheap now, if you plan to make BIG money from stock market.

I like the management team which seems to have strong executional capability in the way they are growing MXC into a global company. Developing CannEpil for Epilepsy is a really smart move given the huge market potential right in Australia, 230,000 new cases a year! Once proven, assuming 10% prescription for CannEpil would result in A$230m a year for MXC.

Securing the full license in Malta with 4,000 sq m facility is a great feat that enables MXC to serve the 740m population European market with $50 billion cannabis industry currently. This will give MXC a first mover advantage compared against other competitors into the Europe.

The fact that HMJR own about 2.4% also gives me lot of comfort. Why would HMJR only selected four pot stocks under ASX out of so many really spoke a lot about MXC. And I believe that HMJR would be staring at MXC all the time to see how they can buy from open market cheaply.

Don't wait too long as I have a strong feeling that a strong rally is about to begin. Cheers!