I took up the entitlement and bonus offer today considering it now represents a 50% price difference to the current SP.
I don’t know how many bonus shares if any, I may receive. It will be interesting if any will be given considering it now represents such a discount.
I bought into MYX about 18 months ago and have been very happy with their progress and I would like to see some of their FDA approvals over the next 12 months.
The company said the US Doryx assets deal is transformational and will materially change the scale and potential of the business in terms of earnings and cash flows. With any pharmaceutical company you need a bit of luck but MYX has been performing well since the Matrix deal over a year ago.
Cheers Matsim
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