Only one problem with that logic. Cochlear is a monopolistic...

Only one problem with that logic.
Cochlear is a monopolistic company
with a long track record of success.
On the other hand MYX has shite
management, falling market share
and all it’s eggs in another company’s
basket and a long track record of
achieving what exactly? Oh Tolsura.
The current graph demonstrates a slow
moving train wreck just prior to falling off
a cliff short of a miracle on Friday. Just
can’t see a rebound in earnings after
they clearly flagged no profit guidance
moving forwards earlier in the year. They
couldn’t have made things any clearer and
so wash their hands of any sense of
responsibilityin advance, blameless as usual.
Their problems were precovid but they blame
Covid issues on the company’s current
woes which were caused by SR for paying
way too much for Teva’s drugs as demonstrated
by the massive write down on that deal.
Hopefully you guys get the drug approvals
you need to get the company moving in the
right direction however with SR at the helm
that is going to be extremely difficult to achieve
for so many different reasons. I reinvested my
cash elsewhere in a company which keeps
the market well informed and finances tightly
controlled.