Ann: Cynata secures commitments for $8.1m institutional placement, page-38

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Bazsa

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09/12/24

12:28

Post #: 76968994
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Originally posted by truss20: ↑

I had attempted to reply to a few of the topics you’ve brought up. Ultimately, your contention is that you think existing holders have been dudded to favour new investors. That’s fine, you can think that, and it’s hard to disagree.

But there are benefits to conducting the raise this way. The most important is cashing up prior to engaging in post-results commercial discussions for a DFU partnership. In the end, the companies negotiating with Cynata will attempt to extract as much value as they can. If Cynata is too desperate for immediate funds, they can cannibalise future income (royalties) or even scare away the partner. Getting these talks started as soon as possible is critical, especially when there is an April 1 deadline for the 30 cent CYPOA options.

To be clear, I don’t want this type of raise to be done again this time next year when the company releases GvHD results. But I can understand doing it now for an earlier stage treatment where the (potential) upfront partnership income is low.

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I noticed your buy sediment , you are aware that when buying, you are likely to be buying from shorters as did the buyers on Friday. 1.36 million shorts, easy money.

CYP Price at posting: 22.5¢ Sentiment: Sell Disclosure: Not Held
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Last 16.0¢		Change -0.005(3.03%)		Mkt cap ! $36.15M

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Ann: Cynata secures commitments for $8.1m institutional placement, page-38

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Ann: Cynata secures commitments for $8.1m institutional placement, page-38

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