Mayne pharma is expanding its business very conservatively, if u check its current account ratio and other stats, u will notice that its cash flow and debt ratio are all under well managed.. In a interest rate might only going north environment, i'd prefer to invest in this type business with great potential, but also very carefully manage its debt, moving its business forward step by step. Rather than some rapid expanding business, then "boom", out of cash and busted.. remember ABC Learning? a typical example
Bear Argument, page-5
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Last
$5.03 |
Change
0.050(1.00%) |
Mkt cap ! $418.5M | |||
| Open | High | Low | Value | Volume |
| $4.98 | $5.08 | $4.84 | $414.0K | 83.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 630 | $5.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.03 | 1384 | 11 |
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| Last trade - 12.52pm 30/05/2024 (20 minute delay) ? |
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Last
$5.01 |
Change
0.050 ( 0.42 %) |
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| Open | High | Low | Volume | ||
| $4.98 | $5.08 | $4.84 | 19511 | ||
| Last updated 13.03pm 30/05/2024 ? | |||||
| MYX (ASX) Chart |