MYX 4.22% $3.86 mayne pharma group limited

Correct ToneO - IML wrote this in a recent QVE update (a LIC...

  1. 41 Posts.
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    Correct ToneO - IML wrote this in a recent QVE update (a LIC they manage) "Mayne Pharma fell fairlyheavily after announcing a weaker than expected earnings outlook for the second half of FY19 for its US generics business. We believe that Mayne’s sharesremain very undervalued. While the generics business remains volatile, investors appear to be ignoring the continued strong growth in the company’scontract services and branded pharma divisions, which will soon represent a total of 50% of group EBIT. "
 
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$3.86
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