Cynata’s lowly valuation leads investors to ponder the ‘sliding doors’ moment of Sumitomo’s 2019 provisional $2 a share cash bid for the company, which didn’t get over the line. But Dr Kelly is unfazed.
No dramas @Pledge .... it's all good ... Dr Kelly is unfazed about Sumitomo $2 offer falling over.... I can see his point and I am sure many CYP LT holders are unfazed as well... I mean what's $1.85 per share between friends 4 years down the track ?
There are certainly a number of bold statements in the article ... some I think are a little over the top but hey he is now in control of CYP so he is putting it all out there on record in the public arena so he must be a little confident (or perhaps arrogant) ? let's see how it all unfolds in the coming 12-18 months
CYP Price at posting:
14.5¢ Sentiment: None Disclosure: Held
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