MYX mayne pharma group limited

Sorry Stephencca I must disagree with you onMayne would have...

  1. 1,519 Posts.
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    Sorry Stephencca I must disagree with you on
    Mayne would have gone bankrupt if not for
    selling Metrics. You along with many others fell
    for management explanations. Metrics was making
    $80m profit/ Ann. This was also increasing .
    If Nextellis was the game changing saviour , but
    running at a loss ( which it was! Is ! ). Then we could have sold it and any association with Mithra.
    We could have traded out way with professional
    management and still retained solid Brick and mortar
    assets. The management of this company treat company
    money as though they’re playing monopoly.
    As bad as Richards was the share price is now 40%
    lower than his average lowball.
    It is purely Business Management and people running
    Mayne not having any skin in the game . This should
    be pre requisite. No option . Otherwise. No job.

 
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