MYX mayne pharma group limited

Ann: Presentation at Jefferies London Healthcare Conference, page-3

  1. 203 Posts.
    lightbulb Created with Sketch. 109
    Whilst being cautious, I agree the vibe of the company feeling a little different with our new CEO. Have to confess that I got suckered in and felt that with the initial Nextstellis estimates 2.5 years ago and the banger Dermatology results from 18 months ago too.


    But I like this:
    "Continuing to refine NEXTSTELLIS® marketing strategy: reduction of DTC due to insufficient ROI and removed 6 non-profitable territories"

    Yes! Not throwing money without accountability!!!! Finally - we've been waiting for evidence of this!

    But this needs to stop (cash burn) - other than the cash used to return to holders (through buy back).


    https://hotcopper.com.au/data/attachments/5736/5736616-7e3bc5741fe05b591babd6d9578b7ed1.jpg
 
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