Bought in on Friday at $1.10 - and quite comfortable with it despite the up and down.
Pump and dump - can't stop that. Especially with a volatile stock that is still in the re-rating process and no one really knows what to compare it with yet.
Fortunately the company seems to be having a better idea and mentions that in their today's announcement.
Shame that some traders )who seem to be turning in whichever way the wind blows) take it off the insecure ones. All it takes is a few comments to spread some doubt...
Just to then tell you the next day how great the fundamentals are etc.
The shares lined up for sale are a farce - moving up with the share price. Big parcels.
There are 66 mio shares (plus a few options expiring in 2018), the top 25 shareholders currently hold 50% of that.
All it takes is some serious interest and again, today's announcement is already telling us that they are already in discussions and not just with anyone, "big pharma/big biotech" and I'm sure they know how valuable this "cutting-edge-technology" is.
And other companies seem to be making the trials for us as CYP only needs to show that their mass produced stem cells "work" just as good (even better) and are much cheaper to produce.
Hence, there shouldn't be too much of a cashflow problem in the near future ("~24 months runway").
But if here is, they don't necessarily have to wait until they can make their own stem cell medicines, they can - once partnered up - easily gain revenue "through license fees, R&D payments and royalties".
Three announcements in the past three days and "value-accretive news flow expected in near term".
All in all it sounds like a good investment. Time will tell.
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $35.20M |
Open | High | Low | Value | Volume |
21.0¢ | 21.0¢ | 19.5¢ | $18.97K | 94.53K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4999 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4999 | 0.195 |
1 | 100000 | 0.190 |
2 | 202150 | 0.185 |
1 | 2800 | 0.180 |
1 | 297 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 10000 | 1 |
0.220 | 16591 | 1 |
0.250 | 2225 | 1 |
0.255 | 187726 | 1 |
0.265 | 627 | 1 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
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