MYX 1.51% $4.71 mayne pharma group limited

"Transformational" acquisition? Check. Funded with overvalued...

  1. 197 Posts.
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    "Transformational" acquisition? Check.
    Funded with overvalued equity? Check.
    Overseas purchase? Check.
    Accounting profit up & operating cash-flow down? Check.
    Massive increase of intangibles/Goodwill? Check.

    I could name a few not just SGH that went down this path. SGH is the extreme example. I don't think they manipulated anything. I think they just got it wrong. I think MYX have valuations wrong as well and spend too much money.
 
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