I too am left scratching my head everyday,, just wondering who was actually selling.
Quiet sure- management or the top 20 hold a big chunk of the total shares and the public hold a fraction..
I Don't really understand how this small fraction of public -- bring the SP down so drastic!!
since the day of Listing
even with
Record Profit November month Announcement and
and their push to a stable Private label
Just my reason for MYD was**
Their move to a Private label was very promising...
Looking at this company's gradual growth over the last 3 years.
Of all the companies i looked and don't make any Net profit on the ASX
MYD had moved into the NET income PROFIT in FY2020
ASX Gross to net income graph attached:
Last year 0.85 Million NET PROFIT so as an investor-- I am Holding
The ones selling everyday could be here just to trade.. and not care Hoot about its SP value..
My next eye will be December Trading Update-
And how they evolve towards FY21
I too am left scratching my head everyday,, just wondering who...
Add to My Watchlist
What is My Watchlist?