PYC pyc therapeutics limited

converts

  1. ds
    7,131 Posts.
    Always interested in this baby.

    It was probably done to death late last year but have I got this right?

    $1.6m converts at 0.6 x Nov VWAP (max 5.3c) ?

    At current levels won't that be about 133m shares or 30 percent??

    Has this been approved already? I thought placements over 15 percent need to be approved.

    If that is correct how on earth do you get a piece of that action?

    I guess if they can't raise new working capital then they don't get much from it but that discount is extraordinary!

 
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(20min delay)
Last
$1.39
Change
0.030(2.21%)
Mkt cap ! $810.7M
Open High Low Value Volume
$1.39 $1.39 $1.33 $103.4K 75.90K

Buyers (Bids)

No. Vol. Price($)
1 2600 $1.37
 

Sellers (Offers)

Price($) Vol. No.
$1.39 14999 1
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Last trade - 16.10pm 21/07/2025 (20 minute delay) ?
PYC (ASX) Chart
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