Chart - CYP, page-33

I’m with Sarge on this one. As I’ve played pointed out on multiple other posts buying into these guys has caused me to miss many opportunities over the past two months. The covid trial at this point is pure conjecture. There is no material chance that they will commence let alone complete a phase one trial.

ironically covid is also preventing them from commencing the phase three OA.

At this stage these these guys are looking about as dead in the water as Webjet and Flight Centre burning cash reserves with 0 income. The current cash will be lucky to last 12 months and the best best for this coy is a trial that won’t generate revenue for at less than 3 years, which means at least 3 more cap raises between now and then.

Macdonald block trade sale is not the kind of behaviour that would inspire confidence in any major investor.

The switch to covid well after the horse had bolted shows me they got no clear direction And are just spinning in circles hoping for a buyout.

my prediction is that it will take roughly 2 years to hit $1.20 (factoring on no income and three instances of share dilution. That’s not a terrible return on investment but it’s not face melting growth like many company’s that have gained 3-8 times their value in the past few months zip afterpay pointsbet nearmap rox resources Bellevue gold just to name a couple on my watch list. I’m sure you have your own you regret not buying instead of this dud.

also why does their Twitter account post “news” from 4 weeks ago as if it’s new information? Doesn’t even exactly inspire confidence in me and I’m I never no way sophisticated. I’m sure McDonald is an excellent doctor and scientist but he’s no salesman.