CYP cynata therapeutics limited

No evidence or data to back up your baseless claim. ROFL ........

  1. 16,287 Posts.
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    No evidence or data to back up your baseless claim.


    ROFL ..... open your eyes ..... on 31 Jan 2023 Cynata claimed they had a 'sound financial position' supported by a bank balance of $16.4 million and claimed they had 9.8 quarters of funding available and yet they announced a CR within 8 weeks of that Quarterly being released .... looking like a similar scenario unfolding again this year given they have over $5 million less in the bank and more expenditure on the horizon ? I stand by my comments that without the exercising of the options, CYP will need a CR by 30 June 2024.


    CYP now only have $11.2 million cash position and multiple ongoing trials and you want to believe they are fully funded for 12.6 quarters .... good luck with that - whatever makes you happy



    upload_2024-2-9_8-41-16.png


    I get why you're angry that you pulled the trigger way too early on CYP in the 30-40 cent cent range ( Post #:61899650 ) and then claimed again it was a bargain in the high 20 cent range while others waited for the low teens but look at the facts instead of attacking the person or Mesoblast, which has nothing to do with the current CYP financial situation ?
    Last edited by col69: 09/02/24
 
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