If it is only 24 cents per share
then MYX has paid too much
.
I think there is ome thing big missing in the calculations of the analyst.
May be analysts is a non sales and marketing pharma man . When a unique product hits the market it takes it like a storm and 50-60% market share is gone and many competitors become obsolewte.
Same will happen here in 10 billion combined market in USA for E4 contraceive and HRT.
News Summary *DJ Mayne Pharma Initiated with A$0.75/Share Price Target by Canaccord Genuity, page-9
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Last
$5.06 |
Change
-0.190(3.62%) |
Mkt cap ! $411.1M | |||
| Open | High | Low | Value | Volume |
| $5.17 | $5.18 | $5.05 | $350.5K | 68.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6428 | $5.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.08 | 2724 | 15 |
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| Last trade - 12.01pm 29/07/2025 (20 minute delay) ? |
| MYX (ASX) Chart |