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Limited company call bank of new York base in London still very positive news they take more then 4.5 % think they are the biggest shareholders now
A subsidiary of the Bank of New York?
BNY (OCS) Nominees Limited takes 4.53% stake
https://www.londonstockexchange.com/news-article/MXC/holding-s-in-company/16051419
Then all that is left is behind the sofa cushions, piggie banks and then begging in the town center. Great rest of year coming up
4 insider buys ~ 16m shares. RNS / PDMR Notification is just out.
A lot lower in time, no turnaround here until the Mercer money is converted, any sp increase atm is to just offload the recent placing shares at a profit......just my opinion. .gla
There is a very good chance of that. Price is just beginning to rise.
Someone just 15,000,000
Someone purchased 15 million shares pre market. That is incredibly unusual, and a sure sign that this is heading sharply north.
A very good placing on Friday for those biting in now. Do your own research etc
I give you £50.00 if this goes to 0.20 tomorrow
BOD taking the placing
All the bad news out. I see this rerating now
Thanks for those replies. Yes, the dilution is significant and ongoing. Any opinions as to why Artemic isn't listed on their website? The website itself doesn't inspire my confidence tbh, but lack of their leading product is downright odd.
The last placing was at .44 and let's be fair, if you had bought in back then thinking the two million raised was significant....you would be well out off pocket now. Now we have a fanfare telling us about staff buying in at this new low, you would think this is the bottom.... we may have a mini spike, so they can make a few bob but with the Mercer facility still to be used and millions to be converted in time, this could easily go sub .10...gla
The answer to that is simple - DILUTION! The Company is still in development stages and therefore needs to raise capital until sales/profit stop the need to raise cash. The Company is indeed making progress and the foundations are being laid.
Good luck with your investment(s).
I would appreciate an answer to this also. And yes, I am a new (potential) investor.
Also, why the steady drop in SP? Seems they are making good progress from the RNS's. (I've been thru them all)
See you all over 0.20p very soon
See you all at sub 0.10. Very soon
Nice bit of buying in the last 5 minutes
Huge seller out trade that. Think that’s 2.5% of total mkt cap. Should see a TR1 Monday. Great news gents
It's taken them 6 hours to fill that order.No wonder I couldn't sell mine this morning.
Thieves and hopefully karma finds its way to the BoD. I won’t be averaging down as the writing on the wall is quiet clear.
The writing is on the wall. The Directors have fleeced the company and the money has run out. MGC is SKINT!!! Do not invest a single penny hold on to your money. This fund raise RNS'd today has finally finished MGC, we were warned by the Aussies about this Management. Did we listen...No. Lesson learnt move on. good luck all.
What a shower of S^i7! This BOD has conned LTH out of millions> Bring on an investigation>
Lol hahaha looks like i was not wrong.... just skipped past 25,24 and smashed thru 14 in one go. Oh dear, the lights are dimming, the baliffs will be coming to take the fixtures and fittings and mgc is glug glug glug. Thanks robbie, guess we wont be seeing the dream of the true medical benefits of the earths home grown :*(. Pls can this be bought out by a company that can take it forward, what about kanabo? Or cellular goods. Damn it.