CYP 3.92% 24.5¢ cynata therapeutics limited

Ann: Cynata confirms receipt of indicative non-binding proposal, page-229

  1. 12,999 Posts.
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    Sector: "$4-5 would be a good result for most."

    Fully agree, with 'Sector's' aforementioned remark - resp. her/his expectation of what price-level could be achieved !

    ralom: "For goodness sake guys how about giving credit where credit is due" (In reference on how "GREAT" 'ralom' thinks CYP's managment is.

    ralom/others: I do NOT believe that this Sumitomo move has anything to do with CYP's management having been 'pro-active' !! Otherwise - and JIMHO - they (CYP) would have been READY for a reply to the ASX trading halt request IMMEDIATELY !

    Doug Diamond: "....when a board grant themselves cheap loans of the company's balance sheet, to buy cheap shares which they've offered to themselves...."

    Doug Diamond/others: This bad thing that has happened will not easily be FORGOTTEN!! Especially, as with more cash on the balance sheet, that first kind of 'offer' by Sumitomo would have almost certainly be quite a bit higher - but STILL of course too low...

    All the aforementioned as always purely JIMHO, of course. Comments welcome as usual.

    wasa

    PS: I am happy to hold onto all my CYP shares. But I do NOT expect anywhere near those magical $ 10 to $ 20 figures to come about. As mentioned at the start of my post: $ 4.00 to $ 5.00 will be very pleasing. Naturally, getting more would be great....




 
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