CYP 2.33% 22.0¢ cynata therapeutics limited

Transfer of wealth

  1. 107 Posts.
    lightbulb Created with Sketch. 12
    I mentioned it the other night but sure enough it has happened again. Mass panic selling for no real reason. CYP technology hasn't changed and hopefully the latest shareholding numbers will show they have not changed either, if anything I would be surprised not to have seen them increase yesterday. The people selling out yesterday will be the same ones pushing the price back up in the coming months.
    I know for certain I was buying up yesterday after being lucky enough to sell a portion last week between 1.7-1.75, I hit a few at 1.025 and thought Xmas had come early and then chased up to 1.15 to fill my order. I am sure it will dip and have some fluctuations in the coming weeks but have the fundamentals really changed? For me they have not. And while I would like to see things done differently as many of us here would, enough is being done right to keep me happy at this stage.

    I would not be surprised in the slightest to see another announcement come from left field. The information revealed was minimal at best and thinking outside the box what could the reasons be for this? Hopefully they will be positive....time will tell.





 
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Last
22.0¢
Change
0.005(2.33%)
Mkt cap ! $34.32M
Open High Low Value Volume
21.5¢ 22.0¢ 21.5¢ $5.434K 24.75K

Buyers (Bids)

No. Vol. Price($)
2 55999 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 41728 1
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
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