Another over simplied method of valuing a business is 5-7 times the revenue.
So even if U consider 500 million revenue and 1.5 billion issued stock we still get MYX above 1.5 dollar.
It is pretty cheap here.
Let us see where it is at Aug 2019 end and then Dec 2019 end and then Feb 2020 end and then Aug 2020 end.
After that i review and decide if i need to change course.
Ann: Mayne Pharma market update, page-160
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 (20min delay)
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Last
$4.73 |
Change
0.140(3.05%) |
Mkt cap ! $402.4M | |||
| Open | High | Low | Value | Volume |
| $4.59 | $4.73 | $4.54 | $464.8K | 99.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 111 | $4.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.73 | 9143 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MYX (ASX) Chart |