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MXC, MGC PHARMACEUTICALS LTD |
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Posts: 8,302 Thanks: 2669 ![]() |
MGC Pharmaceuticals Ltd (MXC) is a medical and cosmetic cannabis Company with global operations to supply the legalized markets with cannabis products. The current activities of company include development of non-psychoactive cannabidiol (CBD) cosmetic products.
.... a bit of a lost cause, until recently. A bit o a flurry in 2017 and early 2018 when it got to 10c, then the slippery slope down to 2 cents by the start of 2021. And now 12c in February. Remarkable. A very busy 2020 with lots of Announcements and also raising capital Early Feb: Listed on LSE (the first Aussie cannabinoid company to do so) -------------------- "Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman
"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne |
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![]() Posts: 1,392 Thanks: 497 ![]() |
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![]() Posts: 1,392 Thanks: 497 ![]() |
No trouble raising money for these guys. Worth watching to see where price settles.
http://www.asx.com.au/asxpdf/20170317/pdf/43gw6w0k5kvwm0.pdf |
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![]() ![]() Posts: 4,290 Thanks: 206 ![]() |
Added by request - MGC PHARMACEUTICALS LTD (MXC)
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