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$4.60 mayne pharma group limited

Is MYX a bargain, page-280

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30/09/19

14:13

Post #: 40640639
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Originally posted by Simmpa ↑

There are some pretty ordinary people in the pharmaceutical industry, as playing out before our eyes - carcinogenic-laced-generics from India/China, opioid pushing - and maybe the good people cost more?

I don't know. My only point was i am reserving judgement - currently i'm 50/50 on Scott - until Feb2020. I have stated a few times i believe the company is changing, and i believe likely to become a money spinner and developing that takes time, sometimes years. But i think if Scott cannot harness all the positive momentum playing out for MYX - a couple points mentioned above - then he will be pushed in the coming 12 months. I do however think this is the least likely scenario and i keep referring to the MCS's 'strong growth' as evidence of what i think is playing out, a turnaround in not only the business, but more recently the generic drug market as well.

I do however want Scott to become more visible, do more interviews, give more updates to share holders etc. Information is currency.

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As i expect MYX to turn out to be a gr8 company from ASX in coming years,
many who are questioning the salary and bonus payments of the CEO
will have to eat theri words.

MYX Price at posting: 50.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last $4.60		Change 0.080(1.77%)		Mkt cap ! $392.1M

Open	High	Low	Value	Volume
$4.52	$4.68	$4.50	$225.3K	49.09K

Buyers (Bids)

No.	Vol.	Price($)
3	484	$4.60

Sellers (Offers)

Price($)	Vol.	No.
$4.61	31	2

View Market Depth

No.	Vol.	Price($)
3	484	4.600
3	466	4.590
3	574	4.580
5	2626	4.570
3	2631	4.560

Price($)	Vol.	No.
4.610	31	2
4.620	1001	6
4.630	1103	6
4.640	1462	4
4.650	9346	3

Last trade - 10.59am 14/10/2024 (20 minute delay)

MYX (ASX) Chart