Hi F
Ross was acutely aware the Aussie bios can have problems with values and said he strongly felt that they had something that no other company had , which has been very well documented in MT2 post earlier, he also said in his opinion which carried the usual all comp carry risk , but you could tell on the phone he had a real genuine excitement about what has been confirmed and the massive re val coming, I dont recall in the last 5 years a CEO suggesting possible values 10 x plus , but the more you research and the amount of clinical trials in Aust and overseas going on atm, one can imagine this stock going for a big run. All this started way back with Christopher Reeve, but it seems they have cracked the holy grail and now with Japan easing research , other Govt will follow and research exponentially over the next few years will see many cures for
common diseases that afflict the young and old and of course with global aging populations, health care has become an enormous burden on Govt and society. So we will see over the next few years cures that were thought to be incurable, the recent generation report, reported a person born this year will have an ave 100 yr life span. its not hard to see why with the cures and research being carried out in Labs, Uni 's Govt and private research facilities all over the world.
CYP being able to not only remove many steps from what was a costly and not always guaranteed quality process will have orders coming in that will astound them when the word spreads to these companies conducting trials world wide .So when I heard the genuine excitement and the mention of such huge potential in re rate will not be surprised to see this stock heading even higher.
I had a quick look at some of the US Bio stocks listed and prices of $20 to $160 where common. $50/$70 seemed average.
They know how to value their discoveries , we need to learn that lesson and quick. I wont be selling out to early and if it turned out to be a Disallowed, I would make another call to Ross Macdonald b4 selling.
After reading MT2 Post I went back and re read everthing on the CYP website and yes we have something very unique. I also hope we dont give it away cheaply like we often do.
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Open | High | Low | Value | Volume |
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4 | 84652 | 0.225 |
4 | 17952 | 0.220 |
2 | 51511 | 0.215 |
3 | 34250 | 0.210 |
Price($) | Vol. | No. |
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0.235 | 20513 | 1 |
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