2
I was just looking at monday's trading. Interesting that of the 21 million the bulk went through at above 5c. Seems someone dropped around 4 mil shares on the stack to push it down and after then it only traded another couple of million.
Hopefully if the buyers are still keen then as DS suggested their only opportunity to get set now will be 5c area as little selling below. The 5 mil placement means they cant sit and wait to pick up a discount through cr either for at least another year or two so if they believe in the science they'll have to pay up.
With miltiple potential myc inhibitors and the ability to penetrate cells and escape endosome to deliver many different cargoes surely interest must be growing. So far even the creators of omomyc are still struggling to get their inhibitor to enter cells like we apparently have. We just need some sort of external confirmation or validation it seems to really trigger big pharma interest. Genentech deal extension was great but not really a validation of cell penetration, or if it was it doesnt seem to be clearly stated as such.
PYC Price at posting:
4.8¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)