always good to get further validation that the science is on the right path. Well done to the team.
Worth noting the $750k is for the collaboration, not PYC, so no, not non-dilutive capital. Doesn't change PYC's financials one iota I wouldn't have thought.
The two things that bother me are the 4 year time frame for the study and that they are now trying it in conjunction with something else 'better'. I'm always a little concerned academics are perpetually chasing the 'next best thing' and never really delivering something tangible/commercial.
Bottom line here though is that it will have no impact on the outcomes current shareholders are concerned about.
always good to get further validation that the science is on the...
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$1.30 |
Change
-0.025(1.89%) |
Mkt cap ! $755.3M | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.32 | $1.30 | $478.1K | 365.3K |
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| No. | Vol. | Price($) |
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| 1 | 2000 | $1.29 |
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| PYC (ASX) Chart |