anyone see pyco getting into the money ? , page-18

Ummmm NO .... lol

I guess it did become fairly obvious that management had no intention of seeing them over the line though after they broke the 12 month terms in half with the placement at the 6 month line filling their own & insiders with the discounted stock & much more favourably structured options bundled. I huess the only outside chance was if they where going to chase the $6M of funds they probably would of put in some effort.

Still think the placement was while claimed by management "nothing like the rights issue" lol - it was actually much better - the only "nothing like" was the amount of dilution & the fact retail sharholders didn't get an opportunity to participate. Hopefully no more capital raised into the future from this mob though & they move to cash sustainability.

One thing i will say though is what's the bet PYC will be above 15c by the end of September - watch it LOL