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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.
So, sadly the previous investors did have s**t for brains when I last posted. The way investors have piled in today is truly amazing. I hope their skillful investment pays off..... but history shows it won't. An investigation into this outfit is sorely needed.
Yes possible little point in selling now if your down 90% or more.
Just don't get sucked in to buying more.
This is a short term financing move and they need more cash to survive as per this;
The Fundraising is intended to bridge the Company's current general working capital requirements and will provide a runway of working capital for its short-term financing obligations. The Company's management are also exploring additional cost reduction measures that could increase the working capital runway provided by the Fundraising.
"The Directors are assessing a number of potential funding options which would provide additional funds to the Company. The Directors consider that these funding discussions are progressing well and are reasonably confident that a funding solution will be forthcoming, however there is no certainty that the Company will be able to raise any additional funding."
AVOID
There is a line in that RNS which says
Bid .1192
Ask .119
Going much higher I’d say
BB123 with multiple £m contracts RNSd why do we need should a hard line placing? IMO not sure if this will recover as once this money has gone how much more can they raise? I'm annoyed with the board but bought into the company as a product. Not sure where we go from here. gla
LT holders likely avging down
Multiple £m contracts RNSd of late
Great opportunity from my side
Sorry to holders to LT holders though but great opp now
Look at this
Genuinely sorry for the shareholders. I hope you all recover your losses very soon.
Zero point in cashing out now. Couple of grand investment worth few quid. May as well see if this dog can one day come good, live and learn. No doubt this will bounce and the share option could help people leverage but I am 100% not selling.
What a shambles this company has turned out to be. Total rip/write off. Gotta say the worst investment I have and can’t see anyway back. Time to move on and accept the loss. Well done Zomer
Hi Mannan
So there's something close to your 0.10.
Out of curiosity (well a bit more than curiosity) is it worth 0.10-12?
Thanks.
This share has had it... Time to salvage what little money I have left here...
Back to the base
Having 30 years sales management experience, gaining a repeat order is a sure sign that a product has a sustainable future
.. With an ask of 29, you got that wrong then!
Wayhey up she goes! Ah wait, no.... next 25, 24, 14.
Well clearly some folk like the product, and word must be spreading or there wouldnt be a repeat order. Looking good!
Troajan
What is the point of this interview. When the price keep dropping.
0.10 coming soon
Great news, and the ironic thing is out of all the pharma investments I have, this is the only one generating any income, however I think cash burn is an issue and continual raises/dillution can't go on forever. Personally thought about averaging down from my eyewatering 5p average but can't justfy putting any more cash in here. Is anyone else averaging down from time to time? Can't see what the motivation for the flurry of negative posts was recently other than the fact most of us are probably deep underwater here?