PYC pyc therapeutics limited

Ann: Entitlement Issue Result and Shortfall, page-16

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    Hey DS, how have you come up with that 1.6c 'equilibrium' figure? Cash divided by shares on issue, i.e. NTA, is nowhere near that level, so are you accounting for some form of goodwill or have you done something like taken the share price from before, adding the cash and saying this is what it would have been with the extra cash at bank? Cheers
 
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