G'day Siiver, Everybody's been calling for exactly that,-a broom through the place with fresh blood. Unfortunately (and bewilderingly) this hasn't happened as they have all been there so long it's created a boys club with S/H's second. Thats all about to change! Once the US approval is in place , Mithra come on board ,Corbett vanishes in November (retired-thank god) ,US appointments spearheading E4,Scott Richards ring of protection will be getting weaker by the minute. You name me any major ASX company thats had the same CEO for 12 YEARS!!! .The very reason they turn them over every 5 yrs or thereabouts is to reduce the chances of becoming so blinkered , which is exactly what happened to MYX. Corbett has presided over a mess! and their hubris has cost shareholders dearly. US companies generally run a vary flat management system,(lets face it ,with 95% of our business in the US it wont be long) ie- BOARD -CEO -DIVISIONAL MANAGER -REPS There is so much bottom line to be gained once this has been achieved. MYX is at a REAL turning point with so,so,so much upside It's valuation re-rate is underway and as each piece of the puzzle drops into place it will go from strength to strength. Contraception is huge ,and we have what is undeniably backed by all the trials and endorsements from independent evaluations globallyTHE leading product in it's field!! To improve something that hasn't changed for 50yrs is quite remarkable,MITHRA have achieved this and we're going along for the ride. I just can't stop thinking that MITHRA may want more than a cut of distribution. Our manufacturing facility may be too tempting. I know what i'd do.
MYX Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held
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