MYX mayne pharma group limited

Ann: 2022 Half Year Investor Presentation, page-97

  1. 1,198 Posts.
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    Hilarious, beware the first time poster encouraging retails to throw good
    money after bad at a failing company. Advising people to do the opposite
    of what makes good sense. I have stopped short of advising anyone to do
    anything despite my extreme criticism of this company. I don’t short as I’m
    a retail and I doubt this person is. No one should view this company with
    just a blue skies mentality. It should also be viewed with ‘How will I feel if
    it fails and how will that impact my finances going forwards?’ I’m not saying
    MYX will fail but the market is pricing it for failure so beware the idea that
    this is a hidden gem and everyone else has got this one wrong. High debt
    with uncertain profits on a new product, almost all eggs in the one basket
    by a big gambling CEO with a poor track record and poor communication
    and an inability to provide any market guidance whatsoever should have
    everyone’s alarm bells ringing. Should E4 be another flop, where will that
    leave Mayne? If it’s too good to be true it’s too good to be true. Companies
    that shouldn’t fail always fail because of poor leadership and irresponsible use
    of SH’s money. Financial problems get masked by low interest rates and cheap
    money but debt always has to be paid back and lenders are unforgiving when
    it comes to defaults should that occur. The SP is telling the market something.
    As I said recently it even looks too dangerous to trade ATM because we keep
    getting lower lows and lower highs in dangerous economic times ahead.
 
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(20min delay)
Last
$5.00
Change
0.080(1.63%)
Mkt cap ! $406.2M
Open High Low Value Volume
$4.93 $5.10 $4.93 $3.062M 610.2K

Buyers (Bids)

No. Vol. Price($)
2 67102 $5.00
 

Sellers (Offers)

Price($) Vol. No.
$5.05 5000 1
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Last trade - 16.10pm 24/06/2025 (20 minute delay) ?
MYX (ASX) Chart
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