MYX mayne pharma group limited

Yep it’s been a very dangerous gamble with OPM on SR’s...

  1. 1,198 Posts.
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    Yep it’s been a very dangerous gamble with OPM on SR’s behalf…yet again….but
    he arranges generous payments for himself whilst losing SH’s a squillion…
    He didn’t learn from the Teva deal of the decade and was not held to account
    and now he holds retails to ransom with no way out except to hope his E4 gamble pays off
    and so far it hasn’t. Charts seems to have gone a little quiet in his rocket launch predictions.
    Trading pattern since the spike up to circa 50 cents this year, is to continue
    forming lower lows and today it’s repeated that same pattern yet again forming a new low for the year.
    Hopefully this thing won’t sink like the titanic but it’s beginning to take on water and the
    shorts are bravely loading it up with everything they can to try and sink it in anticipation of
    higher interest rates bringing it undone before E4 can bail it out. Compelling viewing from
    the sidelines. Even trading this company seems high risk now. SR has almost managed to bring this once great company to it’s knees. Very sad to see. May have to do another CR down the track to
    reduce debt but few retails will be able to afford to participate anyway and will get further diluted.
    What a disaster
 
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