"May be a well planned strategy toget rid of the weak hands to buy cheap."
The responses received from MYX by Hadrian and RBR indicate that MYX believes they have reported accurately and maintained previous guidance.
Wilson's reduced their target to $ 7.07 after considering the MYX presenatation (I assume) ... this is approx 25% higher than today's close. The only other Valuation I've seen is Mornington's at mid $ 9s compared to mid $ 10s previously.
I doubt if the current price action is a "strategy" by MYX, however it offers a good opportunity for a major institution to build up a stake for an eventual TO - if they have confiodence in MYX.
As stated previously I don't expect MYX to come out and reaffirm their previous reporting as I get the impression the CEO and BOD are confident of their strategy and won't "panic".
MYX Price at posting:
$5.45 Sentiment: Buy Disclosure: Held
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