MYX 3.13% $3.95 mayne pharma group limited

Even with the positive spins in the Headlines the share price...

  1. 1,239 Posts.
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    Even with the positive spins in the Headlines the share price goes down. What a joke this stock has become. A year ago it's value was $1.985 , after posting a profit of $37.4M. Today it is worth a laughable $0.675 after more than doubling it's profit to $86M.


    This Company has most definitely become a Shorters Playground, playing on the nerves of anyone thinking about investing here long term and sucking in those already invested to divest of their shares. What is the hidden agenda behind this massive retrace? One article suggested that not paying a dividend may have caused this recent dump. Wouldn't all holders prefer a capital gain in share value, surely that would be worth more than a paltry divvy? Another suggested it was because guidance wasn't met. Yeah right, the drop in value over the past few months should have factored that in and more.
    Unless this Company is a bit more inclusive of it's shareholders it could see it's value plummet to within reach of a hostile takeover. All imoho of course.
 
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Last
$3.95
Change
0.120(3.13%)
Mkt cap ! $336.0M
Open High Low Value Volume
$3.80 $4.03 $3.74 $589.4K 150.4K

Buyers (Bids)

No. Vol. Price($)
1 572 $3.90
 

Sellers (Offers)

Price($) Vol. No.
$3.95 814 2
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Last trade - 16.10pm 06/08/2024 (20 minute delay) ?
MYX (ASX) Chart
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