MYX 0.47% $4.26 mayne pharma group limited

General Discussion Topics, page-139

  1. 1,125 Posts.
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    Do your due diligence by all means as any share holders should.
    Look at the current SP damage done by company insiders, look at
    increased historical debt increased for loss making operations and
    look at capital raised (more shares allocated) to fund loss making
    operations. That’s why MYX is where it is today. I suspect that if
    there was any hidden good news to come out on reporting day that
    the tide would be beginning to rise as insiders start buying in. But
    the opposite is happening. Looks like SP will test 28.5 c resistance
    level very soon, obliterating the 59 c pump and dump on the so called
    previous good news. Virtually doubled and lost all those gains. Mayne
    has lost the trust of the market and one person is responsible for that.
    But he won’t leave to restore trust in the company. Without the CR this
    company would no longer be in existence so your analysis fails to
    factor that in. Financial management has been atrocious. Poor financial
    decisions made by a novice who wouldn’t get a CEO position anywhere
    else….great trading opportunity if you buy low and wait for a so called
    positive announcement and ride the pump before the next inevitable dump…
 
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