It will be interesting if holders sell down a portion of their new shares to lock in some profits considering they will be issued at a discount well in excess of 50%, it may also cause some short term instability to the SP.
I was also surprised to see the top up shares honoured at 84% (approx) which is a very healthy profit if you have been an existing holder. There has been some instos put some prise targets on MYX from mid .90 cents up to $1.15. It will be interesting what value the market put on MYX and how it will perform over the next 6- 12 months with the acquisitions of the Doryx and the US generic products.
Cheers Matsim
Ann: Retail Offer Booklet, page-15
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Last
$4.50 |
Change
-0.110(2.39%) |
Mkt cap ! $382.8M | |||
| Open | High | Low | Value | Volume |
| $4.59 | $4.60 | $4.41 | $445.2K | 98.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14306 | $4.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.51 | 1004 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| MYX (ASX) Chart |