Based on today's accident price drop there is a big possibility that Chinese Investment Funds or USA major will put some bid price to takeover MYX.
based on NTA / shares and book value of MYX stock fundament price should not be less than approx $0.87 - $0.90. so take over bid will be around $1.35 (50% premium to the book value) which is still cheaper for acquiring company if they look at 3 year horizon on MYX.
if you go back to history SRX and VLA had similar situation and became takeover target.
Keep buying at this low and wait for big returns...
DYOR
Take over Target
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Last
$4.50 |
Change
-0.110(2.39%) |
Mkt cap ! $382.8M | |||
| Open | High | Low | Value | Volume |
| $4.60 | $4.64 | $4.39 | $669.1K | 147.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2465 | $4.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.53 | 1104 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| MYX (ASX) Chart |