CDI (Sister Company from same tech/ inventors/ uni) was taken out for $AUD440m by Fuji.
CYP EV is under $50m
Given the very low SOI, just 72m still.
We are thinking $3.
I have both long and trading holdings. I think 2016 has shown great progress, I think 2017 is where we are put on the global map for a small biotech play with blue sky upside...and a very fast growing sector heating up quickly (see Bayer move last week)
Fuji MO has just showed again this week with another M&A deal and they have $4.4B earmarked for M&A....half spent now.
