MYX mayne pharma group limited

Just checked Stockman Short Report, and as I thought it's not...

  1. 1,302 Posts.
    lightbulb Created with Sketch. 87
    Just checked Stockman Short Report, and as I thought it's not that high.

    .65% at May 6th
    .76% at July 8th
    .91% at latest

    The stock price went from $ 7.16 on May 6th to $ 4.27 on July 8th (approximately 4 week period) and then continued to decline.

    As often discussed on this forum. with no apparent reason and despite the CEO's affirmation that the business was on track. (Although a poster did some calculations that may have pointed to two major investors selling down)

    Acknowledging the $ 34 million legal settlement and the GR takeover of Mithra, the two rhetorical questions I have are;

    Is the company now in a better position financially than it was in May when it was trading in the $ 7s

    and

    How long will it take to regain that level ( in light of the unexplained punishment of the stock and changed macro environment - including interest rates)
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$5.30
Change
0.080(1.53%)
Mkt cap ! $426.5M
Open High Low Value Volume
$5.29 $5.33 $5.15 $94.90K 18.04K

Buyers (Bids)

No. Vol. Price($)
6 218 $5.30
 

Sellers (Offers)

Price($) Vol. No.
$5.33 769 8
View Market Depth
Last trade - 12.35pm 18/06/2025 (20 minute delay) ?
MYX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.