MYX mayne pharma group limited

I remember the days that the CEO appeared on TV spooking that,...

  1. 309 Posts.
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    I remember the days that the CEO appeared on TV spooking that, MYX , the little aussie battler from down under was to take on the US market.
    The share price could do no wrong and rose and rose from 40c to $2.00 with no or little market share or revenue.
    Now they have been making revenue, have a larger US presence,thier own facilities, although they have made some stupid errors on buying crap drugs that don't sell,
    they should be sailing along but instead the SP has been stuck in reverse or neutral for so long its stagnated. Instead of being the extrovert he was at the start he has become a recluse, possibly because he is embarrassed by the mistakes he has made. Everybody else seems to know when the share price is going to run, they make a quick 10-15% then sell off.
    It is so true what you said, as a LTH we have no confidence to even average down cause we have nothing to go off. Every single time I have purchased more shares to average down it has been at a higher price than it is now, because confidence is required to spend many,many thousands more.
    there is a old adage that says, "Don't throw good money after bad," it keeps playing on my mind every time I go to buy.
    this is one of my major holdings and it has cost my portfolio so much, it has not gone up systematically since 2018. at this stage all I want is my money back.
    I have no faith in this company anymore.
    Held since 2016
 
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(20min delay)
Last
$5.08
Change
0.010(0.20%)
Mkt cap ! $412.7M
Open High Low Value Volume
$5.13 $5.15 $5.08 $445.2K 87.01K

Buyers (Bids)

No. Vol. Price($)
1 810 $5.08
 

Sellers (Offers)

Price($) Vol. No.
$5.15 2033 2
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
MYX (ASX) Chart
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