I wouldn't be surprised if even Sumitomo are tempted to swallow their pride at these levels. CYP a bargain down here with all its trials in play. Its a very cheap call option for them or other big Pharma on a fully funded phase III trial.
I don't believe Sumitomo would have to swallow any pride to make an offer only as good or less good than the $2 offer they made previously for that offer to almost have to be taken seriously under corporations law.
In that sense your buying at these levels is something I can see makes quite a lot of sense in terms of potentially acquiring something that could be worth multiples of its current value at todays prices.
Its not my shares you've been buying. I'm not acquiring or off loading.
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CYP
cynata therapeutics limited
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17.0¢

I wouldn't be surprised if even Sumitomo are tempted to swallow...
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $38.41M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 16.5¢ | $41.91K | 247.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8275 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 3700 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8275 | 0.170 |
2 | 43375 | 0.165 |
3 | 92975 | 0.160 |
3 | 181290 | 0.155 |
6 | 323045 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 3700 | 1 |
0.180 | 174734 | 2 |
0.185 | 25916 | 1 |
0.190 | 30000 | 1 |
0.195 | 9659 | 3 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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CYP (ASX) Chart |