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$5.04 mayne pharma group limited

Thanks daicos. Reinforces what I have been thinking.

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Superheat

144 Posts.

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27/08/21

13:54

Post #: 55627543
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Originally posted by daicosisgod: ↑

Buying in as a contrarian play is taking on the risks that Nextstellis is a dud, that dermatology and Contract Services are also duds and that generic margins continue to be squeezed and that Nuvaring never gets approved or too late to have a meaningful impact on sales.

That is a lot of risk.

I am making the same assessment as to whether to sell and take a 60% loss from my initial investment back in Nov'16. The opportunity loss alone is huge.

I believe Nexstellis will be a good investment.
I believe that MYX has developed a solid dermatology business.
I believe that Contract Services is a very good business and is a sleeper.
I could not care less about Nuvaring, it's not there now so why bother being 4th to market.
Ah generics. What a crock. I wish they would sell it.

So my dilemma is: Can Nexstellis+Dermatology+Contract Services overcome the demise in generics with Scott Richards at the helm?

For me the jury is out, but the clock is now ticking very loudly.

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Thanks daicos. Reinforces what I have been thinking.

MYX Price at posting: 27.0¢ Sentiment: Buy Disclosure: Not Held
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Last $5.04		Change 0.230(4.78%)		Mkt cap ! $428.7M

Open	High	Low	Value	Volume
$4.81	$5.11	$4.76	$1.717M	344.5K

Buyers (Bids)

No.	Vol.	Price($)
1	1182	$5.02

Sellers (Offers)

Price($)	Vol.	No.
$5.11	1182	1

View Market Depth

No.	Vol.	Price($)
1	1182	5.020
2	1582	5.010
3	1286	5.000
3	2874	4.990
1	104	4.980

Price($)	Vol.	No.
5.110	1182	1
5.120	90	1
5.130	1272	2
5.140	4728	5
5.150	1272	3

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