Argent Biopharma Ltd (MGCLF)

[GonzoinHD]

Ok, for those who haven’t figured it out on their own. The trading “pause” yesterday was implemented by the ASX in order for them to inquire MGC as to a reason for the sudden increase in sp and volume on MXC yesterday. MGC has gotten back to them in a very timely manner and with good explanation. MXC, after the pause in trading, initiated a trading halt at their own request pending a new announcement.

“ the securities will remain in trading halt until the earlier of the commencement of normal trading on Thursday, 18 October 2018 or when the announcement is released to the market.”

Based on the action on the ASX yesterday, I would venture to guess the news is very, very good, and probably contains more than just an announcement that the 1 mil from Cannaglobal has been received and is now on our books. A 5 year supply agreement with Cannaglobal is bigger than I think people realize.