MYX mayne pharma group limited

Oh I forgot one more factor. If the deal goes through at the...

  1. 876 Posts.
    lightbulb Created with Sketch. 99
    Oh I forgot one more factor. If the deal goes through at the muted 7.40 a share, then Ill make a 40% profit by simply timing it well.

    I looked at the headwinds, and this appears to be sold on rumour, not fact. I think Aussie businesses are likely to become cheaper to buy for US businesses as we are cutting rates, which usually leads to a weaker aussie dollar vs the US dollar. What would have cost them 5 us dollars, might only cost them 4 by delaying which is likely why they are pointing to the scoreboard with 2 additional rate cuts coming.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$5.02
Change
-0.180(3.46%)
Mkt cap ! $422.4M
Open High Low Value Volume
$5.19 $5.19 $5.02 $82.10K 15.95K

Buyers (Bids)

No. Vol. Price($)
2 237 $5.02
 

Sellers (Offers)

Price($) Vol. No.
$5.05 100 1
View Market Depth
Last trade - 10.16am 16/06/2025 (20 minute delay) ?
MYX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.