Yes MrsPeel - it's a tough call, i guess they didn't say "no" to a raising of capital at some point & there was talk of funds wanting "in" but it didn't come across as an immediate focus. Although i should of read the trading, i knew there was something else up with it getting brick walled at these levels based on what was actually happening development wise.
The cash in place was certainly enough to carry on the business model as is but if they are improving or expanding expanding outside of that model i guess it calls for further funds. I'd assume the upgrade of the platform will deliver far reaching benefits. My guess is applying Isogenicas CIS display to Phylogicas platform ?
"the latest milestone has demonstrated Isogenicas CIS display technology is highly compatible with Phylogicas Phylomer libraries.
This means the technology can be used to screen trillions of variants of Phylomers in a significantly shorter timeframe than is currently achievable"
PYC Price at posting:
6.0¢ Sentiment: None Disclosure: Held
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