MYX mayne pharma group limited

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

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    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)
 
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(20min delay)
Last
$5.32
Change
0.100(1.92%)
Mkt cap ! $429.7M
Open High Low Value Volume
$5.29 $5.34 $5.15 $624.5K 118.1K

Buyers (Bids)

No. Vol. Price($)
5 137 $5.64
 

Sellers (Offers)

Price($) Vol. No.
$5.01 186 1
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Last trade - 15.59pm 18/06/2025 (20 minute delay) ?
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