Perhaps being a little cynical after enjoying the festivities a little too much yesterday, but there always has been plenty of upside – just haven't delivered it. Good for the cash runway…but the board won’t let them run down cash to $0 before having to do something, so runway is not that long. Suggests they have to deliver a deal sooner than later or we’ll be looking at options that may not excite shareholders. The joys of spec stock
PYC Price at posting:
1.6¢ Sentiment: None Disclosure: Held
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