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0.23% $4.37 mayne pharma group limited

Simply put there is a covenant where shareholder funds must be...

  1. Calvo
    10,606 Posts.
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    23/08/19
    11:38
    Post #: 40116577
    Simply put there is a covenant where shareholder funds must be above $800M

    yesterday shareholder funds was $1.23B today that's $1.01B.. so only ~$200M to go.

    So basically if intangible assets fall below $500M it will break a covenant
    Last edited by Calvo: 23/08/19
    MYX Price at posting: 53.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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