CYN cygenics limited

re: stem cells CYN has hit lows of .375Seems very undervalued at...

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    re: stem cells CYN has hit lows of .375

    Seems very undervalued at these levels.

    Currently making just under a million a quarter with revenue rising sharply.

    Anyone have any opinions?

    Intersuise Research report - http://www.cygenics.com/pdf_industryNews/in_1204.pdf

    Valutech commentary -

    CYN - Cygenics Ltd.
    This Singapore biotechnology company moved its headquarters to Melbourne to list on the ASX in June 2004. Since listing, shares have fallen 60%, mainly since November. The market value of the company is $27 million which is reasonable as revenue is increasing significantly and if this continues, fundamentals should support value eventually. (1/6/05)
 
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Currently unlisted public company.

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