lets agree that it trades at about 12c, or now $1.20. In fact its now $1.26. In the last few days the number of shares on issue has increased by 25% so in effect it is now trading at 9c. Or is that the equivalent of 16c. Either way, over $150m has been plonked into this company and no one plonking seemed to care about the past, they are all looking to the future. I am sure the smart money actually knows more than all of us. We have had experts value this company at $13.+ if all goes well. That’s a 10 + bagger…. And its not in any more than 2-3 years, and possibly we will have an inkling in about 1 year. Drugs that work, are in trials, and are derisked by some clever processes. Whats not to like here.
I’ve taken a chunk of my blue chips and put it here. Even WMI has it in their portfolio.
PYC Price at posting:
$1.26 Sentiment: Buy Disclosure: Held
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