Things worked out well for Richards still CEO when he and his board came up sale and decision to give away a substantial amount of sale proceeds to share holder's , Sott holding millions of ordinary shares ( cost him nothing) will do nicely with this arrangement . Now we're done with one of the few things we had generating an excellent return for us we now rely heavily on Nexstellis being successful , an unproven product which no one has a clue whether its going to be successful or not , guessing it'll be at least 2 years before we'll find out . Reason we couldn't get into net profit thanks to ongoing Teva write downs also added financial burden taking on and huge cost marketing Nexstellis . Syndicated lenders most likely withdrew their support . How else could board raise the kind of money needed to repay debt but sell our best asset .
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mayne pharma group limited
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Ann: Mayne Pharma completes sale of Metrics Contract Services, page-3
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Last
$5.00 |
Change
-0.080(1.57%) |
Mkt cap ! $406.2M |
Open | High | Low | Value | Volume |
$5.08 | $5.10 | $4.95 | $1.426M | 285.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50 | $5.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.02 | 259 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 7653 | 4.960 |
2 | 971 | 4.940 |
1 | 753 | 4.930 |
1 | 753 | 4.910 |
2 | 12000 | 4.900 |
Price($) | Vol. | No. |
---|---|---|
5.020 | 259 | 1 |
5.060 | 256 | 1 |
5.070 | 753 | 1 |
5.090 | 251 | 1 |
5.100 | 7653 | 5 |
Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
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