"If a reasonably positive update were to come out soon on Pfizer progress then maybe this could be a base"
I just can't see how any kind of base forms with an impending 40% discount and the amount of stock to be issued ? Whatever the price is you know it's about to be undercut with significant weight in the registry taking stock 40% lower.
As long as that notes still impending I really can't see why any legitmate buying or entry would start here ? Is it just trying to dress it on the back of the update ? Even assuming a deal the size of Janssen gets reached in the next 2 months the discount still stands at about 30% from memory ?
Really just needs that note done and dusted - or some miraculous outcome that makes it insignificant but even then it is a BIG BIG outcome required that makes all those to date look like snowflakes.
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pyc therapeutics limited
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Ann: Shareholder Newsletter , page-7
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Last
$1.43 |
Change
-0.025(1.72%) |
Mkt cap ! $845.7M |
Open | High | Low | Value | Volume |
$1.45 | $1.45 | $1.40 | $75.09K | 52.53K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1800 | $1.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.44 | 3680 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1800 | 1.415 |
1 | 10668 | 1.410 |
1 | 2775 | 1.395 |
2 | 10500 | 1.390 |
1 | 10003 | 1.385 |
Price($) | Vol. | No. |
---|---|---|
1.425 | 1175 | 1 |
1.435 | 2111 | 3 |
1.440 | 3630 | 2 |
1.445 | 3472 | 2 |
1.450 | 10833 | 3 |
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