PYC pyc therapeutics limited

Ann: Notice of Annual General Meeting/Proxy Form-PYC.AX, page-2

  1. 6,565 Posts.
    lightbulb Created with Sketch. 150
    +Cash in Bank 7m end of June 16

    As per last quarterly report June 16 - the quarterly cash burn rate was 1.5m which leaves just over 1 years cash available....

    Looks like company is setting things up so that they can do a Capital raise within the next financial year...

    Also note that New employees are being issued with 30million of share options...
 
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