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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mayne pharma group limited
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We are into the last 6 weeks of the FY, a time when many RI and...
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Last
$5.03 |
Change
-0.170(3.27%) |
Mkt cap ! $408.6M |
Open | High | Low | Value | Volume |
$5.20 | $5.21 | $5.03 | $2.804M | 555.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14654 | $5.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.14 | 3111 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 5.010 |
2 | 61000 | 5.000 |
2 | 2200 | 4.990 |
2 | 702 | 4.970 |
3 | 2200 | 4.950 |
Price($) | Vol. | No. |
---|---|---|
5.140 | 3111 | 2 |
5.150 | 19052 | 1 |
5.180 | 396 | 1 |
5.200 | 2000 | 1 |
5.300 | 10000 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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