MYX mayne pharma group limited
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The cancellation of the Share Buy Back possibly signalled to the...

  1. Hiddenvalue
    3,130 Posts.
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    03/01/25
    14:47
    Post #: 77261090
    The cancellation of the Share Buy Back possibly signalled to the market that the board were not satisfied the cash burn was under control.

    Poor form to go to market with a share buy back, then get approval for a bigger buy back and then cancel without maxing out on the initial buy back. That is a case of putting the cart before the horse in my opinion.
    MYX Price at posting: $4.71 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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