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6.3¢ mgc pharmaceuticals ltd

Ann: Half Yearly Report and Accounts, page-45

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the Zig

217 Posts.

22

10/03/19

13:00

Post #: 37712107
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Originally posted by Sparkz918: ↑

26th Sep 2018: "Cannaglobal is currently exploring opportunities to publicly list on one of the Canadian stock exchanges, which is now materially advanced may occur at some point in the near future."

4th Oct 2018: ".. Cannaglobal is well advanced in its plans to list on the Canadian stock exchange"

19th Oct 2018, "... Cannaglobal is well advanced in its plans to publicly list on a Canadian Securities.."

Then all in a sudden,

13th Nov 2019 "CannaGlobal is no longer pursuing a public listing on the Canadian due to the material change to North American equity markets during October."

Seriously, I think MXC (including management and shareholders) are all being played. However at that point was a dilemma, as pulling off the whole transaction may cause even more damage to the share price. So without any alternative, MXC just need to suck it up. I feel sorry for MXC management too..

I can't even found what was the "material change" in North American equity markets in last Oct!!

All in my opinion...

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Sparks. I spoke to Roby on this.
Not sure I should he sharing his PM to me tho on HC.?

regards
the Zig

MXC Price at posting: 3.9¢ Sentiment: None Disclosure: Held
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