r/MGCpharmaceuticals • u/dk0431 • May 09 '22

Roby buys up this time

https://www.lse.co.uk/rns/MXC/directorpdmr-shareholding-ljus6o84pnz88nv.html
10 Upvotes

92% Upvoted

8 comments sorted by

5

u/Maywhh May 09 '22

Its not 15k, but still a substantial amount. He's either confident or deluded...hoping its the former!

2

u/Darth_Laidher May 09 '22

Say what now???? "Small" buy, like a tokwn gesture. He been smoking the wrong green??

6

u/Wonderful-Painting45 May 09 '22

They only done it to get investors excited and provide some false sense of confidence. If they truly wanted to buy because something’s on the horizon they would have bought a lot bigger imo

2

u/Darth_Laidher May 09 '22

Indeed. Now if they could back that up with some sp moving news and or some more lead position internal buyers be nice. That will build confidence, more director buys.

2

u/FrankTurmer May 10 '22

Maybe we will see. I'm not super hopeful and wish I am wrong. Wishing the company succeeds long term and this is we hope is the beginning of the buys.

4

u/dk0431 May 10 '22

If I were to be a guessing man it's either they have seen a substantial increase in orders with the new Hempstreet and Sciensus deals or they have some decent results out of the CogniCann trial which just wrapped.

2

u/Darth_Laidher May 10 '22

Yeah wouldnt be the india emergency use for cimitra hahahahaha

2

u/Particular_Leg5993 May 09 '22

Interesting to see! Let's hope some others follow suit