Um, you would sell because there is no indication that this is the bottom. It keeps going down further and further, and there is no sign of it stopping.
Also, any sales of nextstellis isn't going to show up on the upcoming financials. So we will probably see more declining revenue. We haven't heard anything about the nuvaring or whatever it's called, or about TGA approval for nextstellis.
I hold this horrible stock and like most other people have lost thousands on it. When I ask myself "do I really see the SP doubling anytime soon?" (to get me back to breaking even) the answer is no. Do I see the SP going down further? Possibly. Do I see it stuck in low 30s for a while? Possibly. I could take what is left of my capital and try to make some gains elsewhere. I have a sell order in now, this company is death by a thousand cuts.
I'm on mobile so I can't change my sentiment, but my sentiment is now sell.
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Last
$4.71 |
Change
0.070(1.51%) |
Mkt cap ! $400.7M | |||
| Open | High | Low | Value | Volume |
| $4.67 | $4.75 | $4.62 | $953.1K | 203.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1236 | $4.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.72 | 620 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MYX (ASX) Chart |