Is MYX a bargain, page-1919

The more you look at this story the worse it looks.
Investors are expected to part with their cash and
entrust management to grow their wealth and be
patient whilst the privileged at the company are
persistently helping themselves to the cash in the till
every pay day. They have destroyed share holders
wealth with the promise of big things to come. I am
bemused that someone in Investor Relations can be
paid so much for doing so very little. Myx is grinding
down to announcements day. Haven’t seen too many
companies grind down and then surprise on the up
side. Shorts are unwinding slightly but my suspicion
is that they are cashing up somewhat and will slam
the company on announcement day when SR can no
longer withold vital information from SH’s. My guess
is this gets ugly once again. It looks like it is teetering
on the edge of a cliff yet again and setting up for a
nasty downswing of disappointment when I look at
the graphs. Unfortunately from what I can see it just
doesn’t have a competitive edge nor the appropriate
trust worthy management to lead it out of the doldrums.
Same second rate strategy same second rate result.
In regards to a TO, that’s probably the best outcome
but no one is interested is the reality. No point in
waiting for drug approvals, you’d buy the company now
while it’s on its knees all thanks to SR and all the other
overpaid clowns greedily stripping the company of cash
and not dipping into their own pockets to buy any shares
except BM who can afford to. Just reminds me of SGH
once again. Different company different business but
costly to small retails who keep doubling down hoping
to become millionaires and believing the market is
missing something. The market is seeing it for what
it’s worth. For me perhaps a trading opportunity if it
gets back to 20 cents and then I’ll still be doing due
diligence after the FY numbers are out. That opportunity
could come sooner than people think if the numbers are shite.
I hope not for current SH’s sake as it’s an emotional drain
when people get caught in this kind of situation unfortunately.