That is certainly a fact that has been proven since the CR, DS. Really there has been very little selling when holders could take a nice 5-8 c profit per share if they wanted. For a company with this many shares on issue there is certainly not a lot of selling. The concern now is income. They have 6 million, but realistically it seems no deals other than Janssen about to come to fruition. If a new deal comes along it will be another 3 years maybe for results so there needs to be some sort of significant financial result this year if there is a future. Next thing will be a consolidation if something doesn't lift. Hopefully Janssen go for the company and others wade in to stop them and start a bidding war. We can dream cant we.
PYC Price at posting:
2.2¢ Sentiment: None Disclosure: Held
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