PYC pyc therapeutics limited

GC Also bear in mind nick a sayng there is definately no chance...

  1. 5,487 Posts.
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    GC Also bear in mind nick a sayng there is definately no chance of a rights issue just before the previous cr, oops. And 3 new partnerships before end of 2011 oops. Im not sure if anyone actually wrote that commentary ir was it just cut and pasted from the roadshow slides theyve been repeating for the last year. Maybe they need to stop trying to sign new partners and start trying to actually progress the existing partnerships. I believe there are only about 25 employees after all.
    I hope its a good sign is the fact they only raised 2 million in the cr as theyd be mad if there wasnt something coming, although this is a fine example of why they should have been bound to pay for the incentive shares thenselves even in installments from their salary. If they dont get there the lucky company gets to buy back the shares at 6.3 cents or thereabouts. Great deal!
 
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$1.40
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