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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Last
$4.60 |
Change
-0.170(3.56%) |
Mkt cap ! $391.3M |
Open | High | Low | Value | Volume |
$4.71 | $4.73 | $4.57 | $511.7K | 110.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 520 | $4.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.63 | 562 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 520 | 4.600 |
1 | 562 | 4.580 |
1 | 562 | 4.570 |
1 | 562 | 4.560 |
1 | 562 | 4.550 |
Price($) | Vol. | No. |
---|---|---|
4.630 | 562 | 1 |
4.640 | 562 | 1 |
4.650 | 562 | 1 |
4.660 | 562 | 1 |
4.700 | 2498 | 2 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
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MYX (ASX) Chart |