Don Wei, you have the perfect mindset to become a successful investor. Always question what the downside is when buying a stock. HotCopper posters tend to be extremely bullish and if you don't agree they'll be quick to let you know. Do your own research and take what people say here (me included) with a grain of salt. I'm a contrarian investor and was fortunate/lucky to get in at a lower price. I have no idea where the share price is headed but am quietly optimistic that it's still on the rise.
Biggest risks are:
1) Competition keeps a lid on margins (always a danger)
2) Trump blows the entire generic pharmaceutical system up (possible but unlikely).
3) AUD increases (highly unlikely).
Bear Argument, page-7
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Last
$6.66 |
Change
-0.410(5.80%) |
Mkt cap ! $566.5M | |||
| Open | High | Low | Value | Volume |
| $7.03 | $7.03 | $6.28 | $4.982M | 759.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 231 | $6.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.67 | 158 | 1 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$6.62 |
Change
-0.410 ( 6.31 %) |
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| Open | High | Low | Volume | ||
| $6.99 | $7.00 | $6.29 | 115373 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| MYX (ASX) Chart |