MYX mayne pharma group limited

Cosette to Snatch $140m Cash from us, page-8

  1. 335 Posts.
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    Hi D,

    I will respond to your post because like you, I'm also incensed at the cash give away. Let's not forget that the board, after announcing a 15% share buy back, only completed 5% and no reason given, had they completed the 15%, the share price would have been supported above the $7, perhaps $10 now, and the cash would have gone to shareholders. The same can be said about the cancellation of the capital return. What game is being played here?
    Cheers
    H
    PS Pies should bounce back against a depleted Port.
 
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