i know some of recent posts do come across as negative & it's really not my intention FWIW as has been for quite some time PYC does stand as my favourite sector stock although it's slipped i guess it's become questionable in a sense although i still think potentially it can make a very big mark but it's running a fine line & needs to pull it together. As i do on all stock threads i try to post as a realist & with balance Phylogica had alot running the right way for a while & certainly built much positivity & excitement based on strong guidance achieved in the first year so fair to assume it could be repeated but as we all know it's started slipping, of course bio's require a high degree of patience but as investors you still really need to account time factors & objectives achieved usually in most respects people will grant a year of slippage but past that point it needs to be re-evaluated, i'm pretty sure that would of played a key role in RBS pulling coverage an as they stated they are confident the deals will be achieved but just unsure as to when.
Just on Dannys post aswell & don't worry i wouldn't be expecting them to do it but quite a few instances where overly confident directors in cash strapped companys that have the confidence of large growth & want stock to capitalise on this split a percentage of wages with stock - not here though wage increases & free options, free loans peformance rights yah yah yah.
PYC Price at posting:
2.1¢ Sentiment: None Disclosure: Held
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