Joca's correct. It's a forfeit of 6 million odd shares from the executive loan scheme. No cash consideration.
Poor timing though,but I am fairly certain it is a 12 month time related issue. If commecs reported(hypothesised) 75 mill loss is incorrect(and being a very cynical type)they are just picking up more cheap shares or even a very easy exit for shorts. There is a lot of very positive things with MYX of late,the latest digital hook up will spread Nextellis like wildfire. -digital hook-up -nomination for a gong -HUGE postive board changes -all other divisions of mayne performing well -Finally more feedback through announcements. -Haven't even moved into the menopausal market yet!
I wouldn't be selling out now.
Don't get me wrong,I think Richards is an utter moron and i have said so previously,but the ship has definitley turned. Time to be patient,We've waited long enough.!!!
MYX Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
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