MYX mayne pharma group limited

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

  1. 1,467 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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Last
$4.92
Change
-0.110(2.19%)
Mkt cap ! $399.7M
Open High Low Value Volume
$5.03 $5.03 $4.86 $1.730M 352.1K

Buyers (Bids)

No. Vol. Price($)
2 728 $4.88
 

Sellers (Offers)

Price($) Vol. No.
$4.92 2900 1
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Last trade - 16.15pm 23/06/2025 (20 minute delay) ?
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