MYX mayne pharma group limited

Ann: AGM presentation and business and trading update, page-67

  1. 1,468 Posts.
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    Only thing propping this this thing up dividend , made available as incentive a reason to buy and existing holders reason to hold or increase holding also keep major holders to remain holding . Believe Metrics sold because Syndicated lenders gave management no alterative if Metrics used as security lending conditions may have been breached or lenders considered their money at risk , for now all cash up to enable loss making company to continue . Latest heavy net loss anther expected then hopefully net profit 04 , hardly surprising board had to come up with some reason (dividend) for existing shareholders to hold and others to buy . Cant see high average investors having anything to look forward in Jan , 5+ years zero net profit plus dog of a stock managed to get from bad to worse be lucky to hold .20 after dividend . Hope Maynes not on life support , still have lease commitments etc and yet to make a net profit .
 
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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 $5.07 $4.93 $1.404M 280.7K

Buyers (Bids)

No. Vol. Price($)
8 1563 $5.00
 

Sellers (Offers)

Price($) Vol. No.
$5.02 5782 13
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Last trade - 14.53pm 24/06/2025 (20 minute delay) ?
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