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$3.95 mayne pharma group limited

Is MYX a bargain, page-328

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02/10/19

13:55

Post #: 40686116
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Originally posted by Simmpa ↑

Now all we need is confirmation the FDA has approved our Nuvaring generic and we can sit back, or strap in, to $1?

Nuvaring worth about ~$1.1b USD. If we're the first generic to the market, i reckon we can take about 30-40% (obviously reducing price and therefore that $1.1b market, but still, even a 20-40% price reduction isn't bad), if we're 2nd-3rd, probably 10-15-20%.

The last time we received FDA approval i think i counted 6-7-8 weeks between approval and roll-out. The company said they expect approval this CY. That means a sustained and substantial growth rate is on our doorstep for years to come.

Just a guess, but~ $525m in sales last year. Nuvaring CY20 should add a couple hundred million to that, if we're first to market, probably only $100-$200m if we're second. Then comes Novel sales CY21...... And what was the worst case, ~$342m/PA...... Now add the 'strong growth' in MCS, women's health divisions and specialty brands (double digits right?), an improving generic market - as the competition is exposed for a number of questionable business practices - and, well.... This rally really is just beginning.

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MYX is now positioned and catapulted to move into big league.
It will be noticed internationally too as
an investment opportubnity.

MYX Price at posting: 61.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last $3.95		Change 0.120(3.13%)		Mkt cap ! $336.0M

Open	High	Low	Value	Volume
$3.80	$4.03	$3.74	$589.4K	150.4K

Buyers (Bids)

No.	Vol.	Price($)
1	572	$3.90

Sellers (Offers)

Price($)	Vol.	No.
$3.95	814	2

View Market Depth

No.	Vol.	Price($)
1	572	3.900
2	715	3.890
5	8915	3.880
1	143	3.870
1	143	3.860

Price($)	Vol.	No.
3.950	814	2
3.960	715	2
3.970	715	2
3.980	4804	4
3.990	143	1

Last trade - 16.10pm 06/08/2024 (20 minute delay)

MYX (ASX) Chart