CYP 2.08% 23.5¢ cynata therapeutics limited

On this day the asx asked the board to respond to the 5 days SP...

  1. 1,141 Posts.
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    On this day the asx asked the board to respond to the 5 days SP increase from 1.20s to 1.6os.
    As a massive coincidence the same day the Sumitomo bid was announced, 19th july.
    Obviously the board replied perfectly corrected at the time.
    I certainly hope no one is in possesion of information which might suggest any members of the. board might have acted outside of Asic announcements to the market guidelines.
    At a time when Cynata is collapsing under the weight of the market perception ' manana manana'..or if ever indeed!!
    The last thing we would need is a class action or EGM.

    Not sure whether this is a buying opportunity or duck and cover to use a relevant historical term.
    Exposing the company to a cheap buyout possibility after 9 yrs...whose fault is it, Cymerus or the board?
    Keep those flat whites flowing!!
 
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