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$5.10 mayne pharma group limited

Ann: Civil action against Mayne Pharma discontinued in Canada, page-20

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Dabble010

4,303 Posts.

1480

04/09/24

11:52

Post #: 75522560
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Originally posted by Hadrian: ↑

Let's wait and see what the first quarter report shows. If they choose to give a quarterly report, it will come out mid October as it did last year. I remain positive about this stock.

I'm not sure why the buyback has not restarted, I understand that under BB rules they can only buy back stock up to 5% above the five day moving average. This has been possible for the last 3 trading days and today they can buy right up to $5.38. They have cash and are generating cash from business units so if this doesn't happen soon I think they're considering bigger deals or cash generation isn't going adequately enough.

Check out our new Investor Relations appointment, Tom Duthy, highly credential individual and perhaps he's been employed to improve interest in the share register.
https://nemean.com.au/our-team/

Cheers

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The constant loss of value on the share price won't help with improving interest in the stock!

MYX Price at posting: $4.64 Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last $5.10		Change 0.000(0.00%)		Mkt cap ! $434.7M

Open	High	Low	Value	Volume
$5.10	$5.17	$4.91	$766.6K	151.2K

Buyers (Bids)

No.	Vol.	Price($)
4	1612	$5.10

Sellers (Offers)

Price($)	Vol.	No.
$5.11	65	1

View Market Depth

No.	Vol.	Price($)
4	334	5.110
6	509	5.100
4	1017	5.090
3	5476	5.080
3	2403	5.070

Price($)	Vol.	No.
5.130	139	4
5.140	610	3
5.150	1275	3
5.160	531	4
5.170	2891	3

Last trade - 14.25pm 11/11/2024 (20 minute delay)

MYX (ASX) Chart

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