See Mayne becoming privatized . Consolidation to enable listing on the US exchange not as likely company becoming privatized , private ownership doesn't meet filing requirements as a public company but can have shareholders shares costing $3 upwards makes sense if company were privatized fewer shareholders (no longer penny stock) with real investors prepared to hold . Mayne's shares presently sitting on the ASX exchange around $3 deters makes buyers a lot less likely to buy simply puts a lid on stock value , way this companies run sure seems shareholders interest not taken into account . Bet Condella has way more personal interest in the company than Chairmanship MYX relatively insignificant publicly listed company , an experienced astute businessman been CEO 6 large companies . ( research this bloke ) interesting no other board member apart from Condella holds shares in Mayne . Company well within the means of private ownership especially now Metric gone . Hope I'm wrong products do well and retail shareholders remain listed on some publicly listed exchange .
MYX Price at posting:
$3.02 Sentiment: Hold Disclosure: Held
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