MYX mayne pharma group limited

DDD if they raise capital to double fundthe Teva debacle there...

  1. 1,198 Posts.
    lightbulb Created with Sketch. 352
    DDD if they raise capital to double fund
    the Teva debacle there will be an en mass
    projectile vomit from LTSH’s when the
    expected dream suddenly flips into a
    nightmare scenario. Most longs are so
    heavily under water they can’t afford to
    participate in a CR and they also can’t
    afford not to due to dilution. Instos are
    probably waiting in the wings for a CR
    as was raised by Stephen Mayne at last
    year’s AGM. They denied it back then but
    who knows what they’re thinking now. Shorts
    are covering but they are not being burnt as
    retails had been cheering for on the side
    lines.....
    If E4 and Myring are such terrific value
    then why is the SP languishing in the 30’s?
    Two dollars, five dollars, get on board the
    train before it leaves the station, load up the
    truck, get ready for the rocket to take off. I mean
    seriously. Management is a joke. They’ve promised
    SH’s wealth creation and they’ve presided over
    SH wealth destruction. Nothing suggests in the SP
    that E4/Myring will do anything other than put more
    upfront money in Mithra SH’s pockets. Share prices
    are forward looking and this is what the market thinks
    of Mayne’s value and plan. Should Myring get approved
    I suspect a pump and dump. This thing still reminds me
    of the SGH debacle, now 95% owned by private equity.
 
Add to My Watchlist
What is My Watchlist?
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)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.