This bit is interesting:
"Cynata is currently good value, in our opinion. We value Cynata at
$2.18 per share base case and $4.21 per share optimistic case, using
a probability-weighted DCF method. Should the GvHD study show the
clinical utility of the Cymerus technology, we see Cynata being rerated."
These guys would have to pop up as a major shareholder of CYP in the coming weeks, given the current price and their valuation?
Seems crazy that they wouldn't take their own advice.
I'll wait for the ASX announcement of a new major shareholder................waiting.............I'll come back and revisit...........
Stuart Robert's Pitt Street Report, page-2
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Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $43.11M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.0¢ | 23.5¢ | $14.74K | 61.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 96221 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
24.0¢ |
Change
0.005 ( 2.13 %) |
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| Open | High | Low | Volume | ||
| 23.5¢ | 24.0¢ | 23.5¢ | 6875 | ||
| Last updated 10.47am 03/05/2024 ? | |||||
| CYP (ASX) Chart |