I'm looking for likelihood of success here, versus time.
Like MSB, it's a story stock.
People are making money on MSB because it's story is developed enough to garner the volume to trade. CYP isn't at that point yet.
CYP could stall at the current price or 9c as you say or whatever price and stay there for ages (at the current story) and who knows what and who will change the story? $5 in a year or 5 years or $0.
I've always said that it has been positioned to be purchased. If MSB gets approval for GVHD maybe someone snaps CYP up for the manufacturing advantage for the future? Maybe if MSB gets approval for GVHD, CYP becomes not worth the effort? I really don't know? Ross treats MSB as the enemy IMO but I don't know logically if MSB is not the CYP catalyst for success.
OA is a blockbuster, no doubt. I'm watching that.
I'm not trading or long on this stock because of all the above. I'm waiting and watching for 'likelihood of success, versus time'.
I think trading CYP requires a whole lot of luck. All IMO. Chartists will disagree. But I didn't see any chartists on here predict the current share price even though the trend was pretty clear. If the trend continues, 9c will become the ceiling, IMO.
Also, the 'exit' of FF is a worry. They might not be exiting - they may of simply forgot about CYP (which is worse really).
Time will tell.
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CYP
cynata therapeutics limited
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.15M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 16.0¢ | $1.021K | 6.379K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 77738 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 3400 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 77738 | 0.160 |
4 | 148709 | 0.155 |
4 | 86673 | 0.150 |
2 | 45000 | 0.140 |
1 | 10937 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 3400 | 1 |
0.170 | 70000 | 2 |
0.175 | 77450 | 2 |
0.180 | 146968 | 5 |
0.185 | 35990 | 1 |
Last trade - 09.59am 24/06/2025 (20 minute delay) ? |
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CYP (ASX) Chart |