Yes a positive announcement would be great - but where will it come from? There was a lot of excitement leading to the end of 2016 waiting for a MYC data pack. Nothing announced until midway through 2017 where it was a throwaway line in a quarterly that the data pack was completed. But, wait the next data pack was on it's way by Q1 2018 then a more definitive data pack by end of 2018. More recently the conversations (including at the teleconference) have moved away from MYC (did I hear it referred to as a Hail Mary pass??). So where to now?
To build the share price we need a consistent narrative and progress heading to a destination - so if not MYC (in the short to med term) where is the new short term destination?
PYC Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
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