MYX 0.47% $4.26 mayne pharma group limited

General Discussion Topics, page-192

  1. 1,125 Posts.
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    One thing I have observed in the markets over the years
    is be very careful about which broker recommendations
    you buy in on. Some brokers will be recommending buying
    while they are actively doing the opposite. When I did my
    figures on Mayne’s debt and looked at historical shares
    and the increasing allocation of them I didn’t like what I
    saw hence my decision to get out. Of course if additional
    share means increasing profits and dividends then that is
    great. I think Mayne has only paid one dividend in 10 years
    so not a great track record. There is always a price to buy
    in at and a price to sell out at. Mayne is high risk, possibly
    high reward but it’s track record has been far from satisfactory
    according to many past and present retail holders….
 
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