MYX 0.00% $4.70 mayne pharma group limited

Ann: MYX signs license agreement for women's health products, page-56

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  1. 7,164 Posts.
    lightbulb Created with Sketch. 546
    "What would you like them to do? "
    It's a matter of "what would you like them NOT to do".

    Mayne's management brought the company into today's dire situation by series of similar "License agreements" such as Teva's, another such thing will no doubt have shareholders spooked. Regardless you have or have not confidence on the management, it's the last thing they should rush into, right after the Metrics sales. It's seems they are rushing to spend the money just hit the account.
    How do you expect the investors to be confident on this one whilst all previous such acquisitions were disastrous?
    Market is right to dump the shares on this news.
 
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