talked to evan at cellmid. he said the issue is getting acceptance to be able to sell in the markets. au is no problem and japan apparently as well, but getting it for nz etc takes time and $$.
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talked to evan at cellmid. he said the issue is getting acceptance to be able to sell in the markets. au is no problem and japan apparently as well, but getting it for nz etc takes time and $$.
i guess thats the thing with biotech that many other products,including the hair growth-atm milk-accounting software-or even medical instruments dont have to deal with in terms of barriers.
I though the hair growth could have been one that put a rocket under the SP,but biotech takes time.
HY results out. Mentions peb doing $60k worth of tests. Man did they spend money on advertising! But how else do you ensure speedy uptake?
Something midkine arriving soon judging by CEO tweets, handy hints and watch this space comments.
With a midkine symposium in Hungary late April a great announcement about now would be very handy.
SP has made an uptick.
Heads up. CEO on tv in Oz tomorrow according to HC.
Interesting interview
https://youtu.be/UKubC1rFl7U
Redchip has an audience of 200 million on its Money Show
Nothing much today of interest. Just an announcement that they are setting up two subsidiary companies, (unlisted) to take care of commercialising their Midkine protein and Mk Antibodies. Looks like some collaboration on the horizon.
Seem to be talking to myself but here goes.
http://www.proactiveinvestors.com.au...ets-67967.html
Major stuff. Not bad for a 18m market cap.
Mesoblast apparently went from .20c to 10.00 under a similar arrangement.
Watch this space. :)
DYOR (it might be worth it!)
For those not "in the know" Cellmids FY ends 30th June so there is a lot happening between now and then.
Thanks MBJ,
Been a bit quiet for cdy, for a while, and was hard buying more on the way down. (Falling knife)
But I did have the satisfaction of selling half my oppies at more than the head -share got down to.
Got to keep on picturing that long-game, where we should be all patting our-selves on the back.
Where did you get the .20 for Mesoblast--I went all the way back and they listed at 1.75. After getting to that $10 you spoke of ,they apparently ran into money problems and have gone down since to 2.50
These Biotecs are hard Yakka to price--CDY has its share of debt as well which may be what has caused the long drop--Nice rise on Friday though.
So many Bioteks follow a similar fate in the end (although many (like mesoblast ,Bliss ,Peb do reach lofty heights at some point ---guess timing is the key----Good luck to all