MYX 2.39% $6.93 mayne pharma group limited

it's kind of inevitable that myx will bottom out at some...

  1. 90 Posts.
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    it's kind of inevitable that myx will bottom out at some stage soon, the accounts show that the impairments have dropped approximately $500m in net profit over the last three years. Effectively since they overpaid for generics, these losses have also pushed the market cap from a $1.3 billion company to around $5-600 million. Once these impacts are washed out, and the accounts look cleaner (not in the red) with a few other cash generating drugs in the line then a correction to moving upwards in share price to a market cap of around 7-800mill
 
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