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CyanConnode – shares soaring on a first licensing agreement merited?

By Steve Moore | Saturday 8 December 2018


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


CyanConnode (CYAN) is “pleased to announce that it has signed a USD 4M Licensing Agreement with Beijing Jingybeifang Instrument Co., Ltd” - this its first licensing agreement and the shares are more than 26% higher at 12p in response. Is the response merited?...

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