We are into the last 6 weeks of the FY, a time when many RI and instos do some "housekeeping" in their portfolios to balance them before end of year. Taking losses for tax reasons and/or selling high profit shares to lock in profits and/or counterbalance their losses.
For anyone who purchased at circa $ 3 in October 2023 these profits would be substantial. Anyone that purchased years ago at circa $ 10-20 it could be a good time to take a tax loss while the swing is down and then repurchase.
I am a long term holder at $ 9.50 a share, but have also successfully traded in and out 3 times in the last 6 months with substantial profits, and given the opportunity will continue to do so.
As noted previously most of the selling/buyimg could be BOT initiated, or as another poster stated a "bear-trap"
I understand the "Nextellis issue" but the Conference presentation seemed to reaffirm previous guidance.
I don't expest MYX to come out with a statement to clarify their reporting and/or give clarity on why BB has not continued.
Unless there are any corporate activity I expect we will have to wait until August.
I'm hoping that Hadrian comes back with an MYX response to clarify the Nextillis reporting.
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MYX
mayne pharma group limited
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$4.92

We are into the last 6 weeks of the FY, a time when many RI and...
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Last
$4.92 |
Change
-0.110(2.19%) |
Mkt cap ! $398.9M |
Open | High | Low | Value | Volume |
$5.03 | $5.03 | $4.86 | $1.348M | 274.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 3182 | $4.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.93 | 43945 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2691 | 4.900 |
5 | 2438 | 4.890 |
7 | 4988 | 4.880 |
8 | 4181 | 4.870 |
6 | 11572 | 4.860 |
Price($) | Vol. | No. |
---|---|---|
4.930 | 42623 | 5 |
4.940 | 674 | 3 |
4.950 | 2500 | 7 |
4.960 | 643 | 2 |
4.970 | 325 | 1 |
Last trade - 15.41pm 23/06/2025 (20 minute delay) ? |
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MYX (ASX) Chart |