Just after sale of Metrics when sp got to around 40c you were showing your obvious short term speculation hand. Chasing massive dividend. You were advised to sell as SP would drop by whatever Special Dividend was the following day. That remains the case. Mayne not so long ago dropped to 19c. This when they still owned Metrics. Should Metrics have been valued at 30-35% of Mayne total and a repeat occurred dropping to 12-13c may well happen.This is not to be taken as advice as I am no expert. The relatively new board as has been stated have little skin in the game and since the sale to Catalent was a surprise and I dare assume no other company were involved in the sale of Metrics my suspicious mind asks WHY. ?? We are all well aware two bidders or more definitely increase sale price of well anything really. I am yet to feel the least bit confident in Chairman, CEO and Board in general. Their debt producing deal with Nextellis has been disastrous as has everything Richards touched. Shareholders require more transparency in this company.
MYX Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held
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