Hey KP, i'm not sure MYX had options. They were sitting on bad news (refer Dermotology) and that would test SP. Lending convanents sat at market capitalisation of $400m !! I'm not familiar with the contract; but typically this results in administration and liquidation. As the assets of the business were collateral for the loan.
Yup. We are still clearing Richards' BS. But now we are purely a S & M company (don't get excited, Sales and Marketing)
In terms of the sellers, there are tons and tons of small transactions. When you /20 you don't have too many significant holders. There is just no support levels - so ppl selling into market driving price lower.
Need support and need a MYX update to create thay sentiment.
MYX Price at posting:
$3.02 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)