PYC pyc therapeutics limited

0.40%

$1.27

Further details about the Entitlement Issue will be contained in...

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travelbug2

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02/07/15

12:37

Post #: 15569165
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Originally posted by heraclitus ↑

The full docs? They've announced the purpose of the CR already. All that's left is the appendix 3b I would have thought.

Happy to be proven wrong.

Regardless, we'll need to see what % of the 1c shares Patos ends up taking because as we've seen previously, the overhang from Patos last time was debilitating to the share price. Brokers are rarely around for the long game. Combined with their placement fee (say, 5% of funds raised, maybe $500k or so) they can flip their 1c shares for a pip or two and still be making-out like bandits. Even if they take 500M of the 1B shares and flipped them for 1 pip, they'd be making another $500k, in addition to their placement fee.

That's a super cool $1M for finding a bunch of s.708 investors willing to take-on shares at 56% below the last traded price.

We will need a truly big event to clear-out the 500M or more overhang but hey - PYC traded ~
350M shares back in April after that announcement, so who knows...

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Further details about the Entitlement Issue will be contained in the Entitlement Issue Prospectus...out later today.

stated in the morning announcement.

PYC Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last $1.27		Change 0.005(0.40%)		Mkt cap ! $740.7M

Open	High	Low	Value	Volume
$1.27	$1.29	$1.27	$406.0K	319.3K

Buyers (Bids)

No.	Vol.	Price($)
1	13987	$1.27

Sellers (Offers)

Price($)	Vol.	No.
$1.29	1380	1

View Market Depth

No.	Vol.	Price($)
1	13987	1.265
1	15000	1.260
1	12000	1.255
1	4000	1.225
1	20000	1.220

Price($)	Vol.	No.
1.290	25630	2
1.295	24500	1
1.300	59168	4
1.325	9001	1
1.330	20000	2

Last trade - 16.10pm 27/06/2025 (20 minute delay)

PYC (ASX) Chart

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