One thought is this. In a few years it is likely that a dividend will be paid annually .It is likely to be of the order of 5-10c or so. Which means all those who are stuck holding vast q of shares will reap their initial investment back annually. The market will have to eventually recognise this and rerate the company.
I think this recent placement to the top few is showing us they are annoyed with the sp and that they can see the light at the end of the tunnel. They will be quite active imo in preventing a hostile takeover at these levels. This partly suppresses the price, but once we get past toxicity in this current study I think the rerate will be enormous. There should be a small change after each level, as each level increases the chances of success. Say 2-3c for level 1, another 5c for level 2, 5 more cents for level 3. Just guessing though. I have seen a report that has bigger numbers than that at the end of phase 3. (Sp36c)
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PYC
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$1.15

One thought is this. In a few years it is likely that a dividend...
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Last
$1.15 |
Change
0.020(1.77%) |
Mkt cap ! $670.7M |
Open | High | Low | Value | Volume |
$1.15 | $1.18 | $1.11 | $172.3K | 151.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 592 | $1.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.16 | 4211 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 1.120 |
3 | 9261 | 1.100 |
1 | 2000 | 1.050 |
2 | 33803 | 1.000 |
1 | 1020 | 0.980 |
Price($) | Vol. | No. |
---|---|---|
1.160 | 4211 | 1 |
1.175 | 10000 | 1 |
1.180 | 33000 | 2 |
1.200 | 25749 | 4 |
1.205 | 2270 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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PYC (ASX) Chart |