MYX 1.95% $4.52 mayne pharma group limited

Chart - MYX, page-27

  1. 1,125 Posts.
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    I reckon that inflection point is probably around 20 cents Charts.
    Almost double the sellers in the market to buyers. No stampede
    to buy in to MYX prior to results. No Nuvaring massive promises
    bugger all delivery. Massive dilution over a 10 year period and a
    move from 0% debt ten years ago to $248 million debt at last results.
    Prior to that debt was even higher! Further dilution to Mithra and still
    no E4 approval. Definitely a yawn of under achievement and disastrous
    Teva deal buying in to a massive loss on generics in 2016 that if
    financed through debt would have seen MYX in administration!!!!!
    So yep share holders footed the bill for SR’s disastrous ill thought
    through acquisition that almost cost the company everything. He
    tapped share holders on the shoulder. Can’t remember if he bought
    in himself and dug deep or if he just asked everyone else to dig deep
    whilst he lost all their money and eroded the value of their share holding
    for them whilst quietly and periodically selling down his gifted share
    holding! If I’m wrong about this could someone out there please
    highlight a list of SR’s achievements for potential new investors through
    out his CEO stewardship? Perhaps I’ll lash out and take a punt on Myx
    should it get belted down to 20 cents tmrw...perhaps it’s near term
    inflexion point. If not I’ll be keeping my cash safely in the bank that I’m far
    more capable of looking after than trusting SR to mismanage my money
    for me!!!!!
 
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Last
$4.52
Change
-0.090(1.95%)
Mkt cap ! $384.5M
Open High Low Value Volume
$4.59 $4.61 $4.48 $1.020M 225.4K

Buyers (Bids)

No. Vol. Price($)
9 1463 $4.50
 

Sellers (Offers)

Price($) Vol. No.
$4.54 859 2
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Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
MYX (ASX) Chart
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