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.
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mayne pharma group limited
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1.57%
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$5.00

Oh I forgot one more factor. If the deal goes through at the...
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Last
$5.00 |
Change
-0.080(1.57%) |
Mkt cap ! $406.2M |
Open | High | Low | Value | Volume |
$5.08 | $5.10 | $4.95 | $1.426M | 285.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50 | $5.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.02 | 259 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 7653 | 4.960 |
2 | 971 | 4.940 |
1 | 753 | 4.930 |
1 | 753 | 4.910 |
2 | 12000 | 4.900 |
Price($) | Vol. | No. |
---|---|---|
5.020 | 259 | 1 |
5.060 | 256 | 1 |
5.070 | 753 | 1 |
5.090 | 251 | 1 |
5.100 | 7653 | 5 |
Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
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MYX (ASX) Chart |