MYX mayne pharma group limited

This once low debt cashed up stock with sound / solid asst base...

  1. 1,466 Posts.
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    This once low debt cashed up stock with sound / solid asst base was once a real growth stock previous management managed to transform this once relatively low risk growth stock with a solid asset into a high risk short term / trading stock with no asset base to fall back on ( present management) and eggs in one basket , success or failure now pretty much dependent how well our major products mostly women's products our biggest being Nextstellis do in the States . Company not expected to be profitable minimum 2 maybe 3 years company heavily on its shareholders most at risk common shareholders us unsecured expected to carry / support management , employees and our major unprofitable products ( until they support themselves hopefully ) for according to some analysts another 2-3 years . Apart from poor decisions our present management made( terrible look / confidence ) and considering risks involved investing in this stock long term has to be a big reason why this stock mostly only attracts short term traders and few investors willing to hold long term .
 
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(20min delay)
Last
$5.22
Change
0.140(2.76%)
Mkt cap ! $424.1M
Open High Low Value Volume
$5.15 $5.32 $5.10 $1.806M 346.1K

Buyers (Bids)

No. Vol. Price($)
2 12140 $5.22
 

Sellers (Offers)

Price($) Vol. No.
$5.29 6600 1
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
MYX (ASX) Chart
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