https://twitter.com/mgc_pharma/status/1465642620802285572?s=21
Commitments to raise to fund authorisation. 
wow it costs that much … ? Yikes.
Share price is going to drop again due to new shares being issued. Not putting anymore money into them for a bit.
Should be India update by 2nd Dec I read. That may counter balance it?
BTW where do you find this data again using a phone though I think I seen a video of someone on YouTube but they were using a pc
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The screen shot is from Yahoo Finance.
One of the best long term project I’d recommend all new investors doing is to take each line on the statistics tab and read about what it means. They’re tonnes and some are more useful than others but they all help paint a picture.
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Yeah that’s the video I watched before that showed you how to read a company using yahoo finance I can’t seem to find the same info on my phone though
So isn’t this good news? And there is definitely a share dilution going to happen? 
I’m not sure really, they’re not making new stocks I think, just releasing ones they already have, and they’ve already allocated them to buyers so it’s not like they’re just being released to general sale which is what happened with GME + caused their price to drop.
From the sounds of it they’ve got some institutions buying in which is good at least?
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It will result in dilution, yes. Based on the number of new shares being issued it will increase the number of shares in issue by something like 10-11% perhaps? Could affect the share price quite a bit.
I suppose while it’s good that they already have institutions and other investers who will be buying them, they will also getting them at a discount to what others have paid for them.
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What does that mean like the share price from what it is now could reduce 11% or is it 11% from the 2p a share discount they get?
I need to do more research I keep seeing and hearing these terms but don’t fully know how everything works as of yet.
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Exactly is it even gonna help if us minions buy more esp for our AVG SP or do you think it’s just hold and wait to see the damage!
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Am starting to think this a red herring lol
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Sell seeeeeelll sell sell
Just ‘HOLD ON TIGHT!’ and enjoy the rollercoaster that is mgc. Its guna be until the end of 2022 until we see 4p +
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I’m just guna forget about it again for a bit and leave my shares where they are
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Have faith
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Buy buy buy
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Kiava buy or sell make your mind up 