Andrewk65, do you seriously believe that Janssen would maneuver to:
- Promote a Phylogica capital raising by implying a deal was in the offing;
- String along the development, once the capital was in place; with the implication that:
- They will dump the project once the development has achieved milestones.
I have no doubt that Janssen is a serious partner and that their goals and objectives are more clearly understood by applying commercial logic:
- The EET is their delivery technology for an undisclosed payload;
- We do not know if the payload is a Phylomer or if it is a Janssen development - however, it does not really matter because the delivery technology is the really valuable thing (and currently, Phylogical owns this).
Valuing Phylogica depends on a deep understanding of the value of their technologies. Price action on the stock exchange is not a factor in the objective assesment of this technology.
The traders got on board to drive the price from about 1.5c to 3.8c. The traders took their profits. I see nothing fundamental in this little side show.
- Forums
- ASX - By Stock
- PYC
- masquerade or charade?
masquerade or charade?, page-7
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PYC (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $466.6M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 9.8¢ | $519.2K | 5.169M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 182466 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 101115 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 182466 | 0.100 |
1 | 51207 | 0.099 |
1 | 306122 | 0.098 |
1 | 10000 | 0.097 |
2 | 100000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 101115 | 2 |
0.110 | 602951 | 8 |
0.115 | 585111 | 3 |
0.120 | 639650 | 5 |
0.125 | 390197 | 4 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
Featured News
PYC (ASX) Chart |