Happy to wait for good outcomes, but opportunity cost is our burn rate. As per last 4C is $10m+ per quarter before R&D rebates which equates to $0.83m per week; a fortnight’s delay to the milestone is $1.7m between friends.
Given we’ve patiently waited 2-3 years for this delayed milestone since the last 17c / $40m+ raise, I guess what’s a couple of weeks between friends.
Valuing PYC, page-78
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $489.9M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.8¢ | 10.3¢ | $421.2K | 4.009M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 872943 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 341133 | 4 |
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| PYC (ASX) Chart |