PYC 4.35% 11.0¢ pyc therapeutics limited

share placement, page-17

  1. 1,178 Posts.
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    Yes, why bother with existing retail holders who would dither the company around for weeks, when in just a few days they can raise funds with ease.

    Notably, New York was the venue, and the placement was significantly oversubscribed. Indeed, it all has a ring of confidence for serious investors who don't mind waiting for developments to play out.

    I guess at some time or other the stock will double or triple on the same day, leaving the fence sitters to say "how lucky for people to own such a stock"

    Soon after an event like that one would naturally expect a brace of analysts to come to the fore, explaining about a brand new investment discovery in the Bio Tech sector.

    I'm wondering now, just how much of this company lies in the hands of retail punters. Not much, one might suspect
 
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