Did you even understand the story Kaiser sold at $3 but the shares were worth $50 when it eventually sold all their businesses.
Therefore illustrates the point you can't go broke having no debt.
At the moment MYX has no debt and its market cap is equal to cash. The other businessses could be worth $50M or significantly more.
So your betting on what value the rest of company is worth.
Ann: AGM presentation and business and trading update, page-48
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Last
$4.92 |
Change
-0.110(2.19%) |
Mkt cap ! $399.7M | |||
| Open | High | Low | Value | Volume |
| $5.03 | $5.03 | $4.86 | $1.730M | 352.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $4.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.93 | 25000 | 1 |
View Market Depth
| Last trade - 16.15pm 23/06/2025 (20 minute delay) ? |
| MYX (ASX) Chart |