MYX 2.72% $4.65 mayne pharma group limited

Doubt this result is likely to deter the shortswhich have been...

  1. 1,125 Posts.
    lightbulb Created with Sketch. 326
    Doubt this result is likely to deter the shorts
    which have been building again recently. More
    cut and paste ho-hum from Richards. Glad I
    followed gut instinct and got out. Three new
    products launched and didn’t even bother
    notifying the market from what I can see.
    Richards lacking pro activity.
    ie too slow to act...
    Finally we see work force numbers cut as I
    suggested some time ago. Too many employees
    for a company with dwindling profits and market cap.
    Wonder where this will open and close today.
    Such a frustrating story. Doesn’t make me feel
    like dipping my hand in my pocket and trying
    third time lucky. May give it a thought if the price
    is right perhaps. From what I can see $50 million
    has to be repaid this year so that leaves $48 million
    cash in the bank by the end of this year not including
    cash conversion for the rest of the year. Anyone know
    what Mayne has to pay Mithra on Myring approval?
    This remains a very intriguing story indeed. Gamble
    is when Myring gets approval....
    GLTAH
 
watchlist Created with Sketch. Add MYX (ASX) to my watchlist
(20min delay)
Last
$4.65
Change
-0.130(2.72%)
Mkt cap ! $395.5M
Open High Low Value Volume
$4.72 $4.76 $4.56 $825.4K 176.8K

Buyers (Bids)

No. Vol. Price($)
2 1960 $4.62
 

Sellers (Offers)

Price($) Vol. No.
$4.68 123 1
View Market Depth
Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
MYX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.