PYC 2.70% 19.0¢ pyc therapeutics limited

a good company update, page-14

  1. 35,755 Posts.
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    "Not sure I get what you mean here. Are you talking about a list of who is buying the shares ?"


    Pretty much SClurnge - like has been provided for T1, even just a breakdown of the Aus/NY split....


    Basically i'm supportive of all resolutions being passed at the GM - allocation sorted, cash in bank, done, dusted on with the show. I think it is important that all are approved so the company has the funding in place to advance & the process doesn't drag out.

    But from feedback here i take it several of the long term holders are a little peeved & looking to vote against some aspects which i guess is understandable to an extent. While the LT holders here are by no means the majority of the registry i guess it's fair to assume that others not on HC may look at it in a similar light.

    Several of the companies Top 20 (as of Annual Report) will have their voting rights removed from the GM as they are also participants in the placement -

    -- AHG - i assume this will also block votes from all AB's accounts ?

    -- Mainview Holdings

    -- Fitel Nominees

    -- Paul Watt


    I'm just a little concerned there's a chance that it wont gain the neccesary support as it stands unless the company comes forward highlights & markets the placement a little.

    Obviously if they have the numbers then it's not needed it just seems with several large holders removed from voting rights it might need a little kick to secure it ?




 
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