PYC pyc therapeutics limited

1.89%

$1.30

Thanks DS. Always value the wisdom of your posts. May 2018 be an...

First 55 Last

Share
Profile

Follow
Fat Harrys Cat

5,718 Posts.

1476

02/01/18

12:54

Post #: 29981825
Share

Originally posted by ds ↑

Now there is 1m bid at 3.9c you might be happy but Akki will probably call it a prop. FWIW props get cancelled if they risk getting filled - these are not props when they are the best bid sitting there. They might get cancelled at the end of each day but to sit there like that as the best bid in the market is as real as it gets (btw I have no idea who it is).

I agree over the past month there has been offscreen buyer(s) in 500k & 1m parcels but on the sell side unfortunately (yet again) just when the one seller we had suppressing it around 4c seemed to have finished then we had another seller appear. I guess the good news is that my understanding is that the new seller only had 10m and has already sold almost all of them. Lets hope that people decide to see what the first 6 months bring and we can clear 5c with the right data flow. I think 7.5-10c area is achievable this year, perhaps with a silly run beyond because of the lack of free float. If the news supports that level then maybe it sustains further but the ASX struggles to support MCAPs above 250-300m without revenue so 15c would be a stretch IMHO unless there is substantial revenue.

AK - I don't think there is anything in the exit packaging except that both executives had lucrative jobs or alternatives so in order to secure them they needed certainty of reward if the company was taken out by an overseas buyer. I think it is a bit of a concession to the concentrated ownership which would make a takeover easier to execute and no I am not suggesting this will occur - just that it would be easier to achieve. Based on all the snippets of conversations I have had with analysts, brokers, fellow shareholders and a few other external advisers I don't think there is anyone who thinks this would occur (if it ever did) under USD250m MCAP so it is not really a consideration as there is a massive gap between the current MCAP and what has been achieved and hopefully willbe achieved in the next 6 months. Still, everyone behaves differently when there is a cheque on the table and other opportunities out there so who knows - it is the kind of stock that could run red hot in the middle of the year because something like this could be in the wind. If it did occur then both execs could be unemployed but have significant financial compensation istead.

Happy New Year to you all.

Expand

Thanks DS.
Always value the wisdom of your posts.
May 2018 be an exciting year for PYC SH.

FHC

PYC Price at posting: 4.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Most investors will get this earnings season wrong. Will you?

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

ASE

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

First 55 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $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

Buyers (Bids)

No.	Vol.	Price($)
1	2000	$1.29

Sellers (Offers)

Price($)	Vol.	No.
$1.32	10000	1

View Market Depth

No.	Vol.	Price($)
1	700	1.250
2	22000	1.220
2	2166	1.200
1	8474	1.180
1	6000	1.140

Price($)	Vol.	No.
1.320	10000	1
1.330	3633	1
1.340	9300	1
1.420	26097	2
1.425	25000	1

Last trade - 16.10pm 25/07/2025 (20 minute delay)

PYC (ASX) Chart

Thanks DS. Always value the wisdom of your posts. May 2018 be an...

Most investors will get this earnings season wrong. Will you?

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Thanks DS. Always value the wisdom of your posts. May 2018 be an...

Top Stories

Most investors will get this earnings season wrong. Will you?

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News