Ann: Mayne Pharma results and product update , page-7

Looking good for a move higher with the markets in a better mood.

Technically it gapped up on 6 February so it will be interesting to see how long (or if) it closes that gap back to 75.5. The only other unclouded gap this last 12 months was on 4 July from 45.5 to 46.0. It has peaked at 51 some months earlier and since the gap it went on a long run all the way to 83.5. Similarly now there has been a decline since that peak and now the gap up so maybe ... hopefully this could be the start of another long run up to a new high and beyond. Valuations will get a bit stretched if this happens but hopefully MYX will have some new developments to maintain the momentum.

H