CYP 3.57% 29.0¢ cynata therapeutics limited

It is still a risk until the report comes through as a positive...

  1. 272 Posts.
    lightbulb Created with Sketch. 19
    It is still a risk until the report comes through as a positive result.

    And then after that you have to commercialize the product, which is the second big hurdle.

    Anyone whom suggests it's a done deal is erring on the positive. You are all sitting on the fence until the results are confirmed.

    Risk is always going to exist in all businesses, fortunately you can mitigate risks in some businesses better than others, hedging etc with futures trading on commodity and mining indexes as an example.

    There is a minimum hedge here, you're either bang on...or you're off the mark. Even mixed results will shift the price down.

    But DYODD and sit with it.

    Good luck.

    Discussion is good tho. Food for thought.
    Last edited by Timm-Dah: 28/06/17
 
watchlist Created with Sketch. Add CYP (ASX) to my watchlist
(20min delay)
Last
29.0¢
Change
0.010(3.57%)
Mkt cap ! $52.09M
Open High Low Value Volume
27.0¢ 29.0¢ 27.0¢ $8.285K 29.43K

Buyers (Bids)

No. Vol. Price($)
1 35573 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 16184 1
View Market Depth
Last trade - 15.57pm 27/06/2024 (20 minute delay) ?
CYP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.