MXC 5.00% 6.3¢ mgc pharmaceuticals ltd

Ann: Half Yearly Report and Accounts, page-35

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  1. 604 Posts.
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    My prediction is the share price will fall to 2.5c to 2.9c range, unless there are some fundamental changes. It is calculated based on the expected revenue of 1 million from Cannapil less current operational expenses and wages. Cannaglobal become a private company instead of a listed company is a big big disadvantage to mxc. If Cannaglobal become listed, I will expected mxc will be sitting at around low 6c range.. But now nothing really much can be done especially they don't even disclose the valuation and detailed composition of Cannaglobal. 

    People whom don't believe in my prediction can keep buying.. 


    Last edited by Sparkz918: 06/03/19
 
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Currently unlisted public company.

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