The fact that the market doesn't recognise the progress that Cellmid has made, is certainly disappointing. More fool them. I lost a shedload of money on the options. More fool me.
But to make an analogy with resources stocks - CDY is not a speccy explorer, leading on the faithful after a decade of failed exploration with the promise that the next hole will be the companymaker. The holes are drilled, the assays are back, the first section of the mine is built and the cashflow has started. The mine will get bigger and there are some tantalising drill hole results from over on the Midkine leases, but the fact is that profitability seems inevitable and the subsequent rerating likely to be orders of magnitude. I don't know if another CEO could bring that on more quickly, but I am more than happy with the one we've got.
The nonholders buzzing around like blowflies should go look for a corpse elsewhere. The pulse is strong over here at Cellmid.
CDY Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held