Here is a promo video for Cynata - CYP. Explains in simple terms what they do. Stem Cell manufacturing.
They want to be the "picks and shovels" of the 'next mining boom'...human stem cell therapy. Perhaps a Hazer of Graphite
Bio techs are not my expertise, and I have likened them to O&G juniors, they are very exciting but very hit and miss.
Unless they have revenue and are approved, the junior end, of which the ASX has plenty, is full of overhype and therefore disappointment. Everyone wants the next CSL.
The flip side is massive/ fast re-rates. My largest profit of 2015 was made in CYP, a sector I didn't understand deeply. I got a little lucky.
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