Sumitomo will know that the CYP register is tightly held by long term, savvy shareholders and that OA is on the horizon and to be fully funded by the NHMRC. With that in mind, we know that their $2 interest is purely to look under the hood before they put their balls on the line and put forward a REAL bid that will need to be at least $500m to be taken seriously. They will also know that their bid is likely to be countered by a Fujifilm bid.
Bayer has set the bar in terms of value…….
With OA PH2 and other PH2’s on the horizon, and the ability to continue to raise capital (hopefully at a premium next time), we are in a very strong position to reject ridiculous bids and continue on our yellow brick road.
Just over a month to go before Fujifilm need to decide whether to exercise their option for GvHD. I’d say the interest from Sumitomo will force Fujifilm’s hand. I don’t see Fujifilm selling any of their shares……
Exciting times.
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.89M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $16.72K | 111.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 230150 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 8338 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
| CYP (ASX) Chart |