MYX 0.44% $4.50 mayne pharma group limited

Ann: 2021 AGM Notice of Meeting and Shareholder Pack, page-10

  1. 1,391 Posts.
    lightbulb Created with Sketch. 265
    That’s all very well Todd. Just don’t
    forget this is the same CEO who been
    the architect and main driver of the record
    low valuations and shareholder returns in
    Mayne for the last decade. Many averages
    $1.00 plus for long term investors. This CEO
    has the company with two Legal actions in
    two Countries. The DOJ in USA which we
    have been paying Legal fees for the past 5 years. There is also a class action pending
    non disclosure which this particularly arrogant
    individual is renown for. We’re it his money paying legal fees I am sure would not be
    happening. The Board until recently is also
    a group of self serving overpaid incompetent
    ( Pharmaceutical ) directors. Please don’t try
    and sing their praises. Richards also sold about
    7m shares for a tax bill. Nolan sold $1m +
    without disclosing. Corbett received a 100%
    director fee increase when shares rose with
    obviously now bull dust valuations for Teva
    deal . Due Diligence was not done with intrinsic
    valuation on cartel style robbery to patients.
    Seriously they have a lot to answer for and
    maybe $1b worth of shareholder losses. CEO
    deserves the sack not a bonus of any kind.
 
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