If I could just say thanks for all your encouraging comments, I sometimes feel I'm posting in a vacuum. No, Daicosisgod I'm not in Pharma per se, I have recently retired but I have had various managerial roles in Health Services and have always been interested in the Pharma business in the US, with all its complexity. Your assessment of the DTC strategy is spot on. Mayne is cutting out PBM and Wholesalers and delivering these savings to consumers, companies we partner with and of course MYX. This is turn is rewarded by customer and provider loyalty. For a company like Mayne Pharma to now be on the edge of profitability once again is remarkable.
Kam, I also wish that Metrics was part of our stable but selling it was the only way to avoid bankruptcy, the only way it could have been held is if the erosion of the generics business had been properly understood by previous management and sold for only a 40% loss in 2020 instead of a 90% loss in 2023. We are here now, and just maybe WH is about to become a business of scale and growth and with Dermatology improving we have a profitable business.
At a glance below, this is why I think the market has not yet understood the MYX transformation.
Cheers
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Last
$4.99 |
Change
-0.060(1.19%) |
Mkt cap ! $407.8M |
Open | High | Low | Value | Volume |
$5.00 | $5.04 | $4.80 | $1.176M | 237.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 27713 | $4.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.99 | 2174 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8378 | 5.010 |
2 | 783 | 5.000 |
4 | 3462 | 4.990 |
5 | 28593 | 4.980 |
3 | 1030 | 4.970 |
Price($) | Vol. | No. |
---|---|---|
5.020 | 5569 | 3 |
5.030 | 10180 | 2 |
5.040 | 1235 | 3 |
5.050 | 2855 | 4 |
5.060 | 1055 | 2 |
Last trade - 11.07am 21/07/2025 (20 minute delay) ? |
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MYX (ASX) Chart |