Check the CEO's update from Nov 30. This is cushioning the blow - comments on clearing the decks and revaluing parts of the business based on performance. Refer to the market capitalisation; and the business still have in excess of $400m in Goodwill.
As mentioned by @Hiddenvalue - MYX make rookie restructure errors; the CR, the lack of SP support through compulsory BB and also at least a 10% on-market BB. But they have some cards up their sleeves and that is that Nextstellis (the cash burning machine that it has become) was really the previous Board and Executives mistake. As expected; they'll use this card (and did in the update) when 000's of M are striped from Goodwill.
(added) And of course the derm forecast was devastating; as it made Generics (the turkey) look like the only profitable part of the remaining business.
Enjoy the ride plenty of bumps and bruises ahead!
- Forums
- ASX - By Stock
- MYX
- Ann: Return of Capital - MYX (updated)
MYX
mayne pharma group limited
Add to My Watchlist
3.27%
!
$5.03

Ann: Return of Capital - MYX (updated), page-62
Featured News
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.
|
|||||
Last
$5.03 |
Change
-0.170(3.27%) |
Mkt cap ! $408.6M |
Open | High | Low | Value | Volume |
$5.20 | $5.21 | $5.03 | $2.804M | 555.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14654 | $5.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.14 | 3111 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 5.010 |
2 | 61000 | 5.000 |
2 | 2200 | 4.990 |
2 | 702 | 4.970 |
3 | 2200 | 4.950 |
Price($) | Vol. | No. |
---|---|---|
5.140 | 3111 | 2 |
5.150 | 19052 | 1 |
5.180 | 396 | 1 |
5.200 | 2000 | 1 |
5.300 | 10000 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
Featured News
MYX (ASX) Chart |