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
Based on today's accident price drop there is a big...
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MYX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.33 |
Change
0.065(1.53%) |
Mkt cap ! $365.8M | |||
| Open | High | Low | Value | Volume |
| $4.27 | $4.35 | $4.25 | $233.1K | 54.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 501 | $4.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.33 | 1028 | 10 |
View Market Depth
| Last trade - 13.20pm 31/07/2024 (20 minute delay) ? |
| MYX (ASX) Chart |