Just received an email from Simply Wall St in regard Friday's trading report heading "New major risk - Financial position , reads " The company has less than than a year of cash runaway based on its current free cash flow trend . Fresh cash flow - AUS $36 m This is considered a major risk . With less than a year's worth of cash the company will need to raise capital or take debt unless cash flow improves . This would dilute existing shareholders or increase balance sheet risk . Currently the following risks have been identified for the company . Major risk . Less than a year of runaway based on free cash flow trend (Aus $ 36 m free cash flow). Minor Risk . Currently unprofitable and not forecast to be able to become profitable profitable over the next two years . " This is what has been concerning me ( my last post ) " Company not expected to be profitable minimum 2 maybe 3 years , company reliant on its shareholders most at risk common shareholders us unsecured expected to carry / support management . " Can see a another capital raising coming up with our present management team just as we did back then when we copped capital raising from the last lot when we purchased a truck of generic rubbish off Teva .
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MYX
mayne pharma group limited
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$5.02

What MYX chart shouts, page-264
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Last
$5.02 |
Change
0.020(0.40%) |
Mkt cap ! $409.4M |
Open | High | Low | Value | Volume |
$5.05 | $5.09 | $5.00 | $151.3K | 30.02K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1764 | $5.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.04 | 1308 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 3804 | 5.020 |
4 | 1316 | 5.010 |
4 | 1134 | 5.000 |
3 | 4948 | 4.990 |
2 | 923 | 4.980 |
Price($) | Vol. | No. |
---|---|---|
5.050 | 2183 | 2 |
5.060 | 734 | 2 |
5.070 | 125 | 1 |
5.080 | 2379 | 3 |
5.090 | 582 | 3 |
Last trade - 10.57am 25/06/2025 (20 minute delay) ? |
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MYX (ASX) Chart |