" Hey Hadrian - thanks for posting above. Obviously 10.4% QoQ is 2-3% MoM - For a product which had relatively low cycle #'s and a massive Marketing/Sales budget - that's definitely still a slow burn. Appreciate that your commentary is significantly more balanced than those projections previously that were very rose coloured. And for a commentator that obviously does a large amount of due diligence on a stock you would recognise above in below (From late Feb 24 which inspired the run to $7 which came to a halt when the latest Nextstellis numbers came out).
The artificial 10% reported in Jan 24 had investors thinking that it was maintainable. It hasn't gotten anywhere near those figures since.
On the spin side - the commentary is almost identical. Promising a review of Marketing Expenditure and also operational changes. None of which delivered positive results in in the FY.
I'd love nothing more too say this share is worth $10 or an offer will come for $15. In reality it is a company which is trying to transform but potentially is shacked by its history and possibly old fashioned approach. True is, a share of MYX is worth $4.89! If anyone thinks it is worth $10 (and there's plenty of peeps on here that do) - contact me and I'II sell then to you for $9.50!
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