MYX 7.74% $4.89 mayne pharma group limited

Congratulations Mithra

  1. 1,125 Posts.
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    Congratulations Mithra on your 8.75 million US
    in cash, with another 11 to follow, should your
    product gain approval of course....Especially love
    the 83 000 000 shares you’ve also acquired at
    close to record lows...51.2 cents. That Scott
    Richards drives a hard bargain for sure! Nothing
    like a share dilution at near record lows! Mithra
    may make a squillion on this deal. So what happens
    if the product doesn’t get approved?
    Does Mithra have to give back the 83 000 000 shares?
    Either Richards has hit a home run or he’s going to be
    looking for another job after presiding over another economic
    disaster. If it’s a home run the market doesn’t seem to think so or the
    share price would have shot off like a rocket. Looks like a DRNK
    fizzer of a rocket launch....

 
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