Hidden value what are you on about??????
Shorters aren’t being fed anything by retail
share holders. If people want to sell that’s
their choice. That’s the exchange of wealth.
Shorts are only about 4% of the market so
they’re not controlling the other 96% of the
MYX market! There is no current pressure for
shorts to cover. All the longs want the price
go up but it won’t happen until MYX restores
its reputation and puts runs on the board
and makes large profits. It’s only expecting to
make 4.4 cents per share in 2021 so that
doesn’t exactly excite the market. If they were
expecting to make 50 c per share it would
be reflected in the share price. Unfortunately
we are going to have to be patient. Shorts
will only leave when the market shows them
the door and they have no choice but to leave.
Meantime MYX goes about transforming its
busines which gives people the time to decide
if they like what MYX is doing and whether
they’d like a piece of the action or not. Retails
aren’t feeding the shorts a great deal. Probably
need institutions/super funds to take an interest
but that won’t happen until MYX either becomes
a genuine growth stock or starts producing decent
profits and paying the dividends a value stock pays.
MYX has obliterated shareholder value for plenty of
retail longs who are heavily under water still. Many of
them may sell out on the climb back to dignity just to
recoup their losses and who would blame them? I
wouldn’t, but I’m one of the lucky relatively new longs
who’s currently in front. It will take time for MYX to win
the respect of the market. They really haven’t
achieved much in the last 10 years apart from destroy
shareholder value with previous poor decision making....
Fingers crossed they get it right this time!
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Last
$4.60 |
Change
0.030(0.66%) |
Mkt cap ! $391.3M |
Open | High | Low | Value | Volume |
$4.59 | $4.62 | $4.51 | $457.1K | 99.80K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 131 | $4.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.60 | 3549 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 131 | 4.580 |
1 | 131 | 4.570 |
3 | 773 | 4.560 |
2 | 773 | 4.550 |
3 | 1963 | 4.540 |
Price($) | Vol. | No. |
---|---|---|
4.600 | 3549 | 1 |
4.610 | 2000 | 1 |
4.620 | 4142 | 2 |
4.630 | 642 | 1 |
4.640 | 5773 | 3 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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