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24/09/13
17:34
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re: Ann: ECQ Exercises Opitons to Acquire Cyn...
Peaceakki,
I think you have got it wrong like many people on here.
The raising is about 1/5 of trading capital.
Because they are raising at 40c does not mean the sp will stay there it will go to market worth.
Clearly there are a lot of short termers that were holding for the announcement. - I think it is great that they are now gone.
The acquisition was great. They mention they are funded for 2 years - how so ?
Well they will be partnering and dividing their asset column hence "Cynata Therapeutics" then license out the tech to the interested party.
Washer raised capital at 30c 3 months ago on ISN they are now 80c.
Grossly misunderstood by market In my Opinion today's trading was.never the les 27m shares bought the opportunity.
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