Hi Stephenacca, We can’t explain the sales model because MYX do not release any information which THEY deem to be unimportant.I think that if a dedicated distribution channel through a dedicated sales force is kicking goals, me personally I would communicate that to SH , which would at least show a pivot from previous failings . I emailed Pendlebury to see if they have a rough date for the start of the end user campaign and was told it would be announced to the market through a release!!!
Well , no shit, information is always vague and not forthcoming, and a lot of the time what they seem to think is not market sensitive, every person with half a brain reading the info seems to think it is.
I hope with the board changes that positive info with regards to where MYX is now heading will be communicated more effectively.
Let’s face it , any CEO that doesn’t want to share some sort of guidance doesn’t Instill confidence in potential new shareholder looking to buy in.
We are all just use to Richards style. I think a buy in now will definitely produce a multi bagger. I just don’t want the man responsible for so much destruction to be a beneficiary.
MYX Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
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