MYX 0.00% $3.88 mayne pharma group limited

Ann: MYX signs license agreement for women's health products, page-132

  1. 1,376 Posts.
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    Flyer I wouldn’t place too much emphasis on the
    price they got for metrics. 15x is the very lowest
    for CDMO pharmaceuticals. Even 18 months ago
    on this forum there were comments the rest of Mayne
    must be negative $250m etc . This after some brokers
    valued Metrics at 48-55 cents per share..Those are
    considerably more than they got. Because of our
    ASX share price management was praised for the
    deal of the century. Generally 15x —25x. So no big deal.
    To compare our TMD deal with Metrics is Apples
    and Oranges. Metrics isn’t a one trick pony. ( assuming
    a grouping of the products as one ) before all the
    clever geniuses comment. I mean what company
    offers 35 % in dividends return seriously. Of course
    the buyback was the only way to go . Why did he
    mention it at time of deal if he was already doing
    deal with TMD. There would be no need at all had
    a truly thorough Due Diligence had been done. I am
    most sceptical of This Guy . Yes they have appointed
    great members with the past 12 months of ladies,
    but how influential are they? It wouldn’t be the first
    time a director or two took a public company to the
    cleaners for their personal benefit.
 
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