Can't blame Cosette here... There have been no other bidders and MYX announced a business update with slower growth than expected.
I know *Charts* is going to say someone will come forward and pay $20 - despite nothing near $7.40 in the last six months - but does anyone have thoughts on a realistic playbook from here?
I'm thinking there will be an adjustment which may look like 30-50c a share to allow for the slower growth; or more so, the political uncertainty.
Cosette are not silly enough to go for broke and have the deal completely fall over - so I would expect a slight adjustment is in the works; nothing like the $2.90 discount we see with the SP currently.
Thoughts?
Can't blame Cosette here... There have been no other bidders and...
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Last
$5.08 |
Change
-0.120(2.31%) |
Mkt cap ! $412.7M | |||
| Open | High | Low | Value | Volume |
| $5.19 | $5.19 | $4.97 | $918.5K | 181.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1200 | $5.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.08 | 6898 | 1 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| MYX (ASX) Chart |