MYX 0.00% $3.88 mayne pharma group limited

Ann: Return of Capital - MYX (updated), page-63

  1. 1,376 Posts.
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    Since there are now so many of us now in
    hindsight questioning the management. Even
    the most recent holders chasing dividends.
    There were a few who were against this waste.
    There is little doubt should they have done a
    buyback or just banked the cash we would not
    be in the present situation. Now if the mere retail
    shareholders could foresee this with far less detailed
    information , Why not the leadership. The word
    vague was just attributed to the chairman. That is
    an understatement from my interpretation of his
    AGM . I believe he who has had 4 years to observe
    the previous board ( hopeless ) just bided his time
    sold Metrics to a company he had previous dealings.
    None of the directors are investing there is more
    to this route than we know. There was a $40m fee
    for selling Metrics alone. I would love to know the
    real distribution in detail. Call me a sceptic but this
    company for the last 7 years appears to only benefit
    staff. ( Big Time ).
 
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