This is a very important development.
Investors Mutual started to increase its holdings late last year. Then it paused and waited to see the H1 results issued late Feb'18.
IM liked what it saw and quickly bought another 2million shares and triggered a substantial shareholding notice lodgement threshold (+/- 1% change).
This is a big long term holder that wants to benefit from the undervalued MYX share price.
For a change I was smart enough to double up at $0.66 back in August so let's hope we are starting to see some buying strength in MYX.
GLTAH and DYOR
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mayne pharma group limited
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Ann: Change in substantial holding, page-9
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