Celebrus Tech Share Price (CLBS)

Every time I have bought into this share in the last 6 months the share price has dropped. To say it is frustrating would be an understatement.

I'm in... current cash reserves equivalent to the current market cap and therefore ongoing business priced in for next to nothing...providing the transition in business model is successful I would also expect a very healthy rerate in 12-18 months time.

DYOR

I’m in! Seems to me that this is significantly undervalued and a lot of investors have been spooked by the complexity of the story and the horrific share price falls to date. But underneath it all is a solid product and a growing market - this could easily double in a year imho.

Investors Chronicle has just released a positive comment about the cash position relative to market cap and recovery opportunity at CLBS. Forget the downturn over last two years, much of which was the consequence of changing accounting policies for better approach and to eliminate lumpiness in sales. This is a significant recover play.

Share buybacks continue at bargain basement prices.

Tucked away some shares here yesterday, I will wait for the takeover which will come imminently 😉