Moving forward with CYP, it seems the company is focused on attaining government grants and university partnerships. Whilst still progressing this route is going to be slow and with many constraints. We might avoid dilution for a while but eventually funds will run low and we may need a CR, early next year?
There is no sign of commercial deals and I'm not even sure if they are actively working on this route anymore. No sign of brokers/analysts/roadshows etc. It seems management tried and failed and are going the route above. With the speed of innovation I fear the slow route may fail, would love to see more commercial activity and some deals!
This model certainly wasn't what I originally invested in anyway. Lets get discussions back on track and productive, thoughts welcome..
CYP Price at posting:
28.5¢ Sentiment: Hold Disclosure: Held
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