MYX 3.29% $4.40 mayne pharma group limited

Ann: MYX signs license agreement for women's health products, page-130

  1. 6,133 Posts.
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    You get pass go you collect your $200. Then you head staight to the nearest shoppingvmall and blow your $$$.

    Meanwhile a bunch of observers cheer you on about the great investment you made.

    If it was such a good deal they would have outlined synergies of the deal, growth projections, pros and cons of the products they bought. Nope they pulled a figure out of the air for revenue and said they will invest $20M in extra costs above the existing lofty burning $2 for every gross profit dollar they earn.

    This shows a great case of hopism by the current management and hopism of investors cheering on a pipedream.

    When you have $$$ in the bank time is on your side. Warren Buffet doesn't swing at anything but these guys running MYX will tap anything.
 
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