CYP 2.04% 25.0¢ cynata therapeutics limited

Supporter email reads well, page-12

  1. 624 Posts.
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    Looks like trading has resumed to "normal " again after Friday's bizarre move.

    As the old saying goes, a shareprice is only as strong as its weakest shareholder.

    Considering we had seen the price consolidate around 60c for about two weeks, with the buyer/ seller ratio consistently 4/1 over this period , and the bots working overtime, can't help but think it was either a poorly executed stop loss from some clown who hasn't got the patience required for a story like this to unfold , or a blatant attempt to re set the baseline for the accumulation to restart over again. Desperate people will try desperate things.

    We all know the enormous upside of this story, and the market caps of peer comparisons with inferior stem cell technology, so why fall for the lunacy of Friday's price action??

    In the big picture nothing has changed and it's probably now only a matter of weeks before both the Fuji and apceth deals are signed off.
 
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Last
25.0¢
Change
0.005(2.04%)
Mkt cap ! $44.90M
Open High Low Value Volume
24.5¢ 25.5¢ 24.5¢ $5.409K 21.88K

Buyers (Bids)

No. Vol. Price($)
1 20748 25.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 8119 2
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Last trade - 15.45pm 24/07/2024 (20 minute delay) ?
CYP (ASX) Chart
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