MYX 0.00% $3.88 mayne pharma group limited

Ann: MYX provides investor update & announces on market buyback, page-23

  1. 1,814 Posts.
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    "Shares closed at $3.65 a pop, a long distance from their $42 peak just six years ago."

    That is wealth destruction at its finest the complete opposite of a ten bag_er. Like others I cant bring myself to average down anymore I think my average is @ $9. Lets just hope their plans playout amazing how much of that money has already been spent they need to calm down and keep that balance sheet conservative.
    I think I would rather see the rest of that money in a bank deposit earning 5% at least it will be still there in a years time and doing better than any investment they have done so far.
    Last edited by joca: 17/05/23
 
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