Just received an email from Simply Wall St in regard Friday's trading report heading "New major risk - Financial position , reads " The company has less than than a year of cash runaway based on its current free cash flow trend . Fresh cash flow - AUS $36 m This is considered a major risk . With less than a year's worth of cash the company will need to raise capital or take debt unless cash flow improves . This would dilute existing shareholders or increase balance sheet risk . Currently the following risks have been identified for the company . Major risk . Less than a year of runaway based on free cash flow trend (Aus $ 36 m free cash flow). Minor Risk . Currently unprofitable and not forecast to be able to become profitable profitable over the next two years . " This is what has been concerning me ( my last post ) " Company not expected to be profitable minimum 2 maybe 3 years , company reliant on its shareholders most at risk common shareholders us unsecured expected to carry / support management . " Can see a another capital raising coming up with our present management team just as we did back then when we copped capital raising from the last lot when we purchased a truck of generic rubbish off Teva .
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mayne pharma group limited
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1.34%
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$5.29

What MYX chart shouts, page-264
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Last
$5.29 |
Change
0.070(1.34%) |
Mkt cap ! $429.7M |
Open | High | Low | Value | Volume |
$5.29 | $5.33 | $5.15 | $390.0K | 73.88K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 36357 | $5.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.29 | 331 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 32674 | 5.270 |
9 | 1878 | 5.260 |
5 | 8296 | 5.250 |
2 | 477 | 5.240 |
1 | 50 | 5.230 |
Price($) | Vol. | No. |
---|---|---|
5.280 | 190 | 6 |
5.290 | 1433 | 7 |
5.300 | 688 | 2 |
5.310 | 1203 | 7 |
5.320 | 878 | 4 |
Last trade - 14.45pm 18/06/2025 (20 minute delay) ? |
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Professor John Aitken, Scientific Director
Professor John Aitken
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