Who knows what his end target is i suppose but i guess it's pretty apparent there is no way he could sell his 600 million on market without destroying the price (more). I think previously when Mr Barton had a large holding he was selling on market and that caused major price drop for a long period.
its an incredibly interesting situation to me as he obviously knows how to make money and obviously chose to put a relatively large chunk of his cash and his time into what has always been an obviously sluggish and illiquid stock, along with the pyc history of struggling and huge number of shares on issue. At the very worst at least he has more to lose than me if he is wrong, although that isn't much of an investment strategy lol. Interesting update coming maybe as it should at least indicate if they are staying on track or just letting deadlines drift like previous management seemed to do.
PYC Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
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