Horrible hold and disappointments over the years for me, despite being at best a medium position. Loaded up on the low capital raise and felt sick doing so, but remained discipline. CYP a far more pleasant hold from near its lows personally. Why would anyone sell CYP with this news out there?
Even from a simple DCF analysis or similar perspective, you'd now reduce your approval risks on CYP with the MSB approval news and accordingly raise your forward valuation. Its a boon for the sector, whether you like MSB or not.
Horrible hold and disappointments over the years for me, despite...
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