I disagree, MYX holds a huge amount of intangibles on the balance sheet. The downside from current levels is still real. A halving of the SP could still show MYX overvalued based on the returns it is offering...
It is important to compare the financial situation of the business to the SP. Not just "oh the SP has already fallen a lot, surely it cannot fall further". History has shown, it can indeed continue to fall much much further if the financials don't justify the SP.
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