I think y the consolidation was the wrong move! 20c was so low it was holding. By consolidating x20 the reality of the reduced price doesn’t hit people in the eye so much. A few cents off doesn’t mean so much BUT PEOPLE FORGET THEY HAVE A LOWeT FEWER SHARES. $4-00 was always going to sink and implode the value. They only positive is for those of us who have quite a lot of surplus income to put in as it gets very low at ridiculous prices. When it turns around the smiles will come back. I think Condello was boring at the recent meeting and gave nothing. Nobody spoke who had any understanding of the company, or a story to tell of the issues - negative and positive. They are not explaining what is going on. That’s why there is confusion and a sliding share price. CONFUSION. UNCERTAINTY. Good companies often have things not go so well but they haven’t explained the process to right the ship and the mechanics of the business, so we can react with some confidence.
MYX Price at posting:
$2.79 Sentiment: Buy Disclosure: Held
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