I picked up most of those at 3.2 cents. Why wouldn't some shareholders be keen to get out after PYC's non performance over the last year. Biotech ltd selling out. Ex directors selling out who were tied to Biotech. Biotech is now a small cash box with a few unlisted biotech investments. It's now looking at mining opportunities from what I hear. They really have bad timing.
Over 440 million shares on issue but very low relative daily volumes on this stock. Not much buying support on a day to day basis could see it drift lower. It could all change in a flash.
I am relatively new to PYC, so I have a bit more patience. I have spoken to management and with what they have going on in the background could make PEACEAkki's dreams come true in a very short time frame. Once the ball starts rolling it could really snowball.
PYC Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
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