MYX 6.69% $5.10 mayne pharma group limited

$2 here we come...., page-947

  1. 334 Posts.
    lightbulb Created with Sketch. 7
    This is very good....im curious as to why you came up with this *?*

    Like all long termers in here...curiosity as to who is selling so much stock and why is a question we will all probably never find out...

    But if you look at the blocks for a buy and a sell it is very obvious it is being marched down by somebody holding a lot of volume...

    I last bought in around the 80`s and I'm now about .10 cents from buying again as the mathematics are as such that when we were here at this SP last time it kind of made sense where and why the SP was at .59 approx.
    Now the company is in much better shape & apart from expenses to capture forward earnings are high...and dare I mention the pending court case of the slap on the hand...that age old fear of the unknown may very well be enough to march it down until that all comes to fruition.

    I contacted MYX and they seem to be just as bewildered as to why its being sold down as "where the company is now is not where it is going to be in a few years time" being a quote from them and I can not help but to agree...hence I have so much skin in the game....

    Eventually I guess the selling down will stop and the averaging down for a march up will start *again* but you do sometimes ask yourself... "WHEN" ?????

    If anybody has any bad news to report or any information regarding the court cases I would love to hear from you...

    Hold firm and average down when you can as your finances permit...but don't sell...in my experience these cycles change very quickly and you may regret the unnecessary emotional sell button
 
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Last
$5.10
Change
0.320(6.69%)
Mkt cap ! $393.8M
Open High Low Value Volume
$4.82 $5.17 $4.81 $969.8K 191.7K

Buyers (Bids)

No. Vol. Price($)
1 503 $5.08
 

Sellers (Offers)

Price($) Vol. No.
$5.16 5000 1
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
MYX (ASX) Chart
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