MYX reaches another 52 week high and looks to be going higher based on the last couple of weeks trading and todays market update .
I bought into MYX over 2 years ago because of the acquisition of Metrics Inc in 2012 and its generic products under development. But it has been its acquisitions which have been the real driver to the SP whilst still having many other generic products waiting FDA and TGA approvals.
MYX now have a MC of $895M with the SP up approx 100% since the announcement of the Doryx acquisition in Feb. The company said its life changing and will transform the business in terms of earnings and cashflow. The next 12 months should be very exciting to see what will be achieved and what other opportunities may arise.
Cheers Matsim
MYX reaches another 52 week high and looks to be going higher...
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Last
$5.16 |
Change
0.120(2.38%) |
Mkt cap ! $438.9M | |||
| Open | High | Low | Value | Volume |
| $5.07 | $5.34 | $5.02 | $2.193M | 421.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1431 | $5.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.16 | 1811 | 1 |
View Market Depth
| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| MYX (ASX) Chart |