MYX mayne pharma group limited

Thanks for the information Hiddenvalue.My understanding from the...

  1. 1,302 Posts.
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    Thanks for the information Hiddenvalue.

    My understanding from the recent MYX announcements is that their intention is to continue to reduce costs and to end the FY with $ 130-140 million in the bank.

    They have also stated they are interested in buying assets - if they can be earnings accreditive from day one. (Perhaps they have one in mind or are in negotiations)

    Therefore, I doubt they will re-start the BB , even at these levels. Consistency and following through on their (recently) stated goals might be more important to them.
 
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