Yes hopefully .47 is the absolute bottom but there must be plenty of bottom pickers procrastinating hoping it'll drop further if the write offs are worse than expected . The problem here the stock has been falling for so long now there must be plenty who have unrealistic buy expectations and only as you say until such time as market knows we're stuck around .50 . This pricing for a presumably sound established small cap with a number of products not to far away now that could well improve net profit considerably . MYX building / owning their own US production plant plus taking into account the massive market over there looked like a good move . Management didn't help by overspending (Teva) but apart from these write offs coming up clearly set us back unfortunately , hopefully 2020 might get us back to where we were .
MYX Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held
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