Hello Akto,
Thank you for doing the job Fancamp should be doing, this is, keeping us informed.
Tuesday, last week, Argex closed at $0.67. Fancamp closed at $0.20.
Since then, as you’ve indicated, Argex surged. Fancamp has not.
Today, Argex closed at $0.97 (volume 444,520). Fancamp closed at $0.195 (volume 39,000).
Leaving out our NSR interests, Fancamp’s position in Argex is 9 million shares.
So, the $0.30 increase in Argex multiplied by 9 million = $2.7 million.
In terms of Fancamp’s current market capitalization of $21.33 million, that’s 12.66 percent.
The market valuation of our Argex stock holdings (leaving out NSR interests) = $8.73 million.
In terms of Fancamp’s current market capitalization of $21.33 million, that’s 40.93 percent.
What information does our website display regarding Argex?
Not one word.
This is not an isolated incident.
It’s typical and representative of how we’re regarded by the investment community.
What do Investment Advisors and Investment Fund Administrators think of us?
They don’t.
What coverage are they giving us?
Zero.
Who is in charge of our Investor Relations?
Michael D’Amico who does works for Bay Street Connect (but is not an employee of theirs).
How much respect and consideration is Fancamp’s management giving its loyal investors?
Not enough.