MYX mayne pharma group limited

Mayne Pharms losses is only due to management issues otherwise...

  1. 1,060 Posts.
    lightbulb Created with Sketch. 86
    Mayne Pharms losses is only due to management issues otherwise their revenue is big enough to sustain a viable company , with Salisbury facility and CDM alone able to generate more than 50 m in revenue . now with less shares on sale and after we see the impact of DTC and Nexstellis relaunch across 50 states . we should be able to see a steady revenue increase across 50 states in the us . buy back wouldn't have been initiated if it was going to put the company at risk of insolvency . they obviously had more cash on hand and forecat +ve cash contribution in the 1HFY24 . The market price is not always a measure and in particular with more than %80 retail investors . for example retail investors have put up BRN share price to $2.00 whilst having to revenue and many other penny stocks . with mayne pharma after research at least if the company sold you will get double ur share price 7.60 per share and so it os an undervalued share . obviosuly vibrinium and goldman scahs they have investment research teams and they don't just buy any stock
    https://hotcopper.com.au/data/attachments/5624/5624166-e7260cac3c44d17ad8f54da1b3408854.jpg
 
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.