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Hi guys. I've unfortunately come down with c19 and didn't take vaccine due to medical advice concerning allergies. My gf who stays with me became ill with it 6 days ago and I've cared for her since. How I'm meant to avoid it living in close proximity I have no idea. Unfortunately I also have asthma and watching her struggle with it has made me feel pretty anxious. I'm already floored, weak, splitting headache etc. The current system of testing and then hoping for the best surely cannot be the answer. Hopefully I'll get past the next week or so and see MGC continuing their good news cycle. Good luck.
You're a bit of an oddball aren't you?
News is key to a smallcap to grow the SP, there are many examples of this check SAR as an example. A smallcap won't have amazing financials otherwise it wouldn't be a smallcap. Good news and growing SP gives the company more options to raise cash but even if it is a dilution then it will be at a higher value.
Nice to see more positive news, there should be more juicy RNS' forthcoming. This stock was one of my worst performers and didn't expect to see a profit this year but those doubts are truly out of the window. Their MCap could easily be double and I'd still be expecting a rise in the SP. Good luck to all lth'.
I've sunk 25k into this, been watching it dwindle away since and then wham bam thank you mam. Congrats all my fellow LTHs who believed this day would eventually happen.
Hi CBD. You splashed out £40k? You will also be one of the larger holders here then. I've taken a position in MXC as well, their share price has taken a pounding but if they stick to their plans then it could be lucrative in a couple of years time. I made a few quid on the KNB listing but haven't taken a new position since. I'm looking fwd to seeing some RNS' on this board soon. I'm pretty certain anyone that is invested here now will do very well.
I'm absolutely chilled, I invested knowing there would be no activity for several months. It's nigh impossible to call the top or the bottom, going by Cellulars board, long term ambitions and early t/o expectations not to mention the overall CBD / cannabis market growth I anticipate a profit by the end of the year. I normally invest in bios so have become accustomed to delays. Good luck.
Pander.. 1.9k comments and that is your chat? Dearie me.
I have 85k in at an avg of 11.9.
As one of the larger shareholders here it's nice to see some movement. Hopefully it'll hold but even if it doesn't I know I'm in for a big pay day in the coming months. Gl everyone.
They brought it down to fill two half decent sized buy orders. The share price is dirt cheap now, they just need to hit a couple more targets to give more confidence. Going by most comments on here I doubt many of you trade bios. You can be stuck for literally years with a large paper loss if not got the cahoolas to avg down and then one day the plan will come together.
Reading the avg quality of post on here I think you guys should maybe give up on investing and use your small amounts of cash for something that gives instant gratification.
We're experiencing some short term pain for long term gain. SP down due to increased costs against zero revenue but I'm happy with the appointments for future. Great price to avg down from the early highs.
Folk on here seem to sometimes be a bit dim. CBX rose today in line with the markets overall. Big J in the States has come through for us with his 1.9 trill stimulus package putting 1.4kusd in the hands of millions which was a primary source of the last pump. Inflatory fears have chilled. Cannabis related stocks are up across the board, 4.3% up in the US which considering the MCaps are gigantic is a small fortune. I see the majority of smallcaps joining the big pump that's forthcoming.
@Poker. That's the nature of pharma type stocks, they do move at a snails pace but the rewards can be the best in the business. MGC do need to be as transparent as possible as I can see a few investors on here aren't used to waiting and it's a pity if any sell at a physical loss. Just keep averaging down and you generally can't go wrong. If you want out then I'm sure a positive RNS will allow you to do that as long as you've averaged down. Enjoy playing the game guys and as they say on the ads, when the fun stops, stop.
Keen to know Mike, what price did you buy in in Oz?
If your dd is to look at addresses on Google you best hang up the reigns now. If you were to Google one of my companies HQ you'd get a registered office address in Kensington, that company exports container loads of premium spirits from Scotland, but you'd be calling it a sham based on the address alone.
This company is in early stages of their new path, give them a chance, as far as I see they aren't doing anything differently than 99% of other smallcaps.
Lol the comments from the Oz commentators are pretty childish but that's to be expected, who even knew Australia had a stock market! Kangaroo courts anyone?
It seems there is a rather ill feeling down under due to delays but that being said the SP is well up! Here's a delay for you, I'm 38 now and started trading a pump and dump called Sareum back in the day when mass AOL email campaigns were running mad. I soon started to realise the company was more than a pump and dump and so bought on the low, yes it's taken 14 years and heck of a lot of dilutions etc but I'm sitting on a paper profit of over £500k, at one stage is was £750k. I have a pretty lucrative portfolio across many sectors and always avg down.
MXC is also caught up in a downward trend which has been instigated in the US, pharmas are taking a hit. One of my other shares OVID (pharma), had a fantastic deal yesterday but only went up 36% and showing down in AH, it should be up 100%. Like I said before the Oz listing is pointless so the sooner it's delisted the better.
The OZ listing is what is causing us problems, dual listings with the US can be good but Australia? I'm assuming management will be planning to delist their if they have any common sense. As for your comment about Swiss Pharm being a sham co. are you saying they don't believe the money will come in or that their growth plans are credible and where are you getting the info that this is the feeling down under?
This stock has great potential but the OZ listing needs patched ASAP.