MYX mayne pharma group limited

The more you look at this story the worse it looks.Investors are...

  1. 1,198 Posts.
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    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.


 
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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
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
MYX (ASX) Chart
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