MYX will have a temporary spike if Richards go but next CEO still won't able to control generics price deflation. Same with gold stocks when gold price falls or oil stocks when oil price falls.
The issue here is we need to be better informed and prefer quarterly report with generic price chart so we can get a feel where the bottom may be as at the moment this deflation seems to be a bottomless pit.
Positives are balancing the business away from generics and kudos to them for picking up the price deflation early with the construction of our factories without any capital raisings and such.
I have a small problem with its sales management and not maintaining sales momentum in specialty.
Ann: 2019 AGM CEO's Speech, page-168
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$4.40 |
Change
0.140(3.29%) |
Mkt cap ! $374.3M | |||
| Open | High | Low | Value | Volume |
| $4.25 | $4.43 | $4.25 | $618.9K | 141.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2957 | $4.40 |
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| Price($) | Vol. | No. |
|---|---|---|
| $4.41 | 968 | 1 |
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