MYX mayne pharma group limited

Can someone please help me understand the rationale behind Mayne...

  1. 1,467 Posts.
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    Can someone please help me understand the rationale behind Mayne consolidating , probably been explained don't recall whether it was fully explained or not . think there'd be more than a few like me would like to know pros and cons for a small cap company like Mayne need to consolidate and why it wouldn't / shouldn't deter investors from buying looking at $4 +, surely there'd be more interest in Mayne as a low cost speculative investment if we'd not consolidated OK for those who find it easy to understand how shares previously worth 15 cents now after consolidation something like a $4 + share but how does this benefit us . Interest in this stock now mostly day traders . Think full year report going to need to impressive to move shares up much from here .
 
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(20min delay)
Last
$5.03
Change
-0.170(3.27%)
Mkt cap ! $408.6M
Open High Low Value Volume
$5.20 $5.21 $5.03 $2.804M 555.6K

Buyers (Bids)

No. Vol. Price($)
2 14654 $5.03
 

Sellers (Offers)

Price($) Vol. No.
$5.14 3111 2
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MYX (ASX) Chart
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