MYX mayne pharma group limited

Sweet Jesus that post is so wrong it's not funny."directors...

  1. 382 Posts.
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    Sweet Jesus that post is so wrong it's not funny.

    "directors bought huge" - NO they didn't. Bruce Mathieson bough 6,800,000 during the year but nothing from the others unless you count what the new directors had to buy upon gaining their position. It's been a source of frustration that even when the SP was at 20c the directors weren't buying.
    "results have stabilised now and only way is to improve on those numbers" - No they haven't. Results have been declining over the past 4 years. The only section doing well is MCS.
    "new solid FDA approvals" - Are you serious? That's exactly what we're missing. The FDA approval for Nuvaring is what we've been waiting over the past 2 years.
    "reducing debts" - Interest bearing debt has increased from 369.4M to 385.6M
    "margins are ok" - Generic margins have been smashed. That's a large part of the reason we're in this mess and have had to write off the Teva acquisition.

    Go and take a good hard look at yourself and then take a look at the posting guidelines. In particular the bits on post factual information and not posting unsubstantiated ramps or untruthful/misleading statements.

 
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