MYX mayne pharma group limited

Think they're holding on to what cash left to pay out their...

  1. 1,467 Posts.
    lightbulb Created with Sketch. 289
    Think they're holding on to what cash left to pay out their entitlements / contracts or whatever they've got going for themselves . This present sell off smacks of major holders dumping ( retail holders always last to know ) Way we're going might not be long before a trading halt but not before the people who matter have offloaded more of their shares . Hope not but possible market cap deliberately run down by management in order for company sold off as cheaply as possible in order for some entity's known only by management to capitalize on if some of our products exclusively targeting women stand a decent chance of paying off in the med/long term . Bearing in mind its been our money to date (risk) that's been used buying / marketing , most debt paid down , entitlements paid out including golden handshake (special dividend) to Richards for services rendered . Every decision made by management has driven market cap lower including flogging off our flagship . Who has the most to gain from asset sale with zero capital input ( shares) all residing in the US , stock consolidated neatly packed to enable US listing .
 
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
$5.03
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
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MYX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.