Happy to wait for good outcomes, but opportunity cost is our burn rate. As per last 4C is $10m+ per quarter before R&D rebates which equates to $0.83m per week; a fortnight’s delay to the milestone is $1.7m between friends.
Given we’ve patiently waited 2-3 years for this delayed milestone since the last 17c / $40m+ raise, I guess what’s a couple of weeks between friends.
Valuing PYC, page-78
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18.0¢ |
Change
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Mkt cap ! $839.8M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.5¢ | $681.3K | 3.798M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 332130 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 469568 | 4 |
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