CYC 0.59% $1.69 cyclopharm limited

don't disagree that it's attractive. but you're assuming...

  1. 512 Posts.
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    don't disagree that it's attractive. but you're assuming management can actually deliver. There have been a few failures in the past - i.e. Ultralute that was supposed to be a new product but shelved.

    Not saying it isn't attractive, but at close to US$300m market cap off less than $5m of profit even after adding back FDA expenses it's not quite as cheap as it once was - you have to believe in the vision to buy at these prices
 
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