Dairy and food companies go into infant formula. It is a huge undertaking and would require partnership and/or outsourcing (something MYX doesn't really do). It would also require purchase and/or development of a vitamin/mineral company.
All in all i would say no, please don't. I think MYX is on the cusp of evolving into a reliable money-spinner and i would hate to see the profit/growth in revenue i see happening this year and into the future be sucked up for another few years to come. And don't even get me started on the perils of that industry, risks (China) etc.
To be clear, i believe MYX is transitioning into a reliable income producer and dividend-payer. Focus needs to be on that.
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mayne pharma group limited
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Last
$5.25 |
Change
-0.150(2.78%) |
Mkt cap ! $426.5M |
Open | High | Low | Value | Volume |
$5.35 | $5.41 | $5.19 | $1.239M | 231.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $5.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.36 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 5.170 |
1 | 2492 | 5.160 |
1 | 2100 | 5.150 |
2 | 10600 | 5.130 |
1 | 14000 | 5.090 |
Price($) | Vol. | No. |
---|---|---|
5.360 | 1000 | 1 |
5.410 | 73 | 1 |
5.450 | 25000 | 1 |
5.460 | 4440 | 1 |
5.490 | 182 | 1 |
Last trade - 16.11pm 25/07/2025 (20 minute delay) ? |
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