MYX 3.02% $4.43 mayne pharma group limited

What MYX chart shouts, page-264

  1. 1,401 Posts.
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    Just received an email from Simply Wall St in regard Friday's trading report heading "New major risk - Financial position , reads " The company has less than than a year of cash runaway based on its current free cash flow trend . Fresh cash flow - AUS $36 m This is considered a major risk . With less than a year's worth of cash the company will need to raise capital or take debt unless cash flow improves . This would dilute existing shareholders or increase balance sheet risk . Currently the following risks have been identified for the company . Major risk . Less than a year of runaway based on free cash flow trend (Aus $ 36 m free cash flow). Minor Risk . Currently unprofitable and not forecast to be able to become profitable profitable over the next two years . " This is what has been concerning me ( my last post ) " Company not expected to be profitable minimum 2 maybe 3 years , company reliant on its shareholders most at risk common shareholders us unsecured expected to carry / support management . " Can see a another capital raising coming up with our present management team just as we did back then when we copped capital raising from the last lot when we purchased a truck of generic rubbish off Teva .
 
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Last
$4.43
Change
0.130(3.02%)
Mkt cap ! $376.8M
Open High Low Value Volume
$4.30 $4.45 $4.26 $1.110M 253.2K

Buyers (Bids)

No. Vol. Price($)
1 1150 $4.41
 

Sellers (Offers)

Price($) Vol. No.
$4.45 4027 1
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
MYX (ASX) Chart
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