MYX 2.87% $3.94 mayne pharma group limited

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  1. 518 Posts.
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    Firstly, because LYC had already started climbing, while MYX was still in freefall until Friday.

    Secondly, LYC went from cashflow negative to cashflow positive and started clearing debt while their main product was exponentially rising in value. MYX still has the uncertainty in US markets and generic pharmaceuticals is a very competitive business. The low PE and profit numbers are st one positives, but I'm still not entirely comfortable with their market view. All my opinions, nothing wrong with yours being different.
 
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