ItsGas chase what you want but find me any other blackswan opportunity that even comes close -
can you find me another $10M ASX company that has deals with 4 of the worlds top 10 pharma ? ? i actually don't think you'll find any so how about just a company with 2 deals although i think you'll still be struggling & the market cap will be many times greater than $10M.
how about potential milestones - can you find me any other company valued at $10M that has these 4 large pharma willing to front up to $400M should they deliver & with the option to expand these to $1.5-2B ? ? again i doubt it & again they will be companies with market caps far exceeding Phylogicas $10M banner.
Of course it is all speculation of course milestones are worthles until the point they are triggered & of course that is dependent on the company delivering but could you really find anywahere else with those type of blackswans under the hood ? Junior companies struggle to garner the attention of majors & dreams are based on securing just 1 in partnership so how has PYC been able to grab the attention of 4 so far willing to spend considerable amounts of time exploring & then formalising termsheets & putting ink to paper on deals with potential future figures attached ? Would they really bother if they didn't see something there ? If it was all sign the masses then why isn't every other BIO in Aus holding multiple partnerships with the hierachy ? ....... Or maybe it is not so simple.
Again come an show me something valued anywhere near Phylogica, with anywhere near as many majors under the belt & anywhere near the warchest of potential milestones & then maybe i'll listen to your gasssss..... Back in your box
PYC Price at posting:
2.4¢ Sentiment: None Disclosure: Held
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