One way the board can show or signal to the market that the ship has turned around is by resuming the share buy back.
My thoughts are postponing any buy back whilst the stock is this low is a signal that that the cash on hand is possibly insufficient to risk whilst the ship is still turning not turned completely.
What MYX chart shouts, page-279
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Last
$4.60 |
Change
-0.170(3.56%) |
Mkt cap ! $391.3M | |||
| Open | High | Low | Value | Volume |
| $4.71 | $4.73 | $4.57 | $511.7K | 110.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 520 | $4.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.63 | 562 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| MYX (ASX) Chart |