A long time back couldn't help but think Mayne after investing heavily / focusing mostly on the US market , purchasing large parcel industrial land offshore , cost involved setting up a major pharma manufacturing plant in the States plus cost involved construction of plant equipment etc needed to manufacture / man hours establishing the who thing plus huge cost of infrastructure , the earning potential if/when our very costly FDA's approvals come in a fantastic opportunity surely company has to look very attractive if run properly . Market cap 600 M company surely has to have been well and truly looked at by some entity , could well end up ( hope not) with new US owners posted that a long time back still believe it . Share holders have worn the cost of most everything till for years at great personal and monetary expense to LT investors would hate to be shafted by management at a time the company could come good ( FDA's ) and we wind up if we're lucky recouping our losses ,financially taken advantage of bank rolling MYX for years . All this and a market cap pathetic 431.421 US just hope we remain a listed Aust. company or if we were taken over we get something considerably more than just our original outlay .
MYX Price at posting:
36.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)