Short Term Trading Weekend Lounge: 28-30 Oct, page-61

  1. 6,054 Posts.
    lightbulb Created with Sketch. 287
    STTCOMP CYP FA Long
    Cynata Therapetics are biotech involved in regenerative stem cells
    Market cap $52mil
    Cash $4.8mil
    last traded 71c
    Catalyst for tip Fuji Film have entered non binding term sheet to buy in $3mil worth of shares milestone payments and royalties to possible $40m DD to be completed 4 th quarter 2016
    ACPETH GmbH & co doing trials and dd with finalisation by late 2016 possible royalties and milestone payments.
    Bold call tipping a share trading at 71c and close 52 week high of 75c.
    BUT very tightly held and has run to $1.40 before.
    Have been waiting for a pullback to tip but has gradually increased all week and volume coming in.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.