Does anyone know if BTC will go ahead and convert these into shares?. BTC stated that no new investments will be made, and that they were aiming to get rid of their current biotech portfolio with included PYC(about 17 million shares. BTC's strategy remains in the dark. One thing is for sure that any good news and they are going to sell big time and hammer the price (which is a bummer) IMHO it will be good if BTC d'ont convert the 25 million shares at 4c (and PYC pay back the loan to BTC).(Wonder if this potential pay back of loan was included in the current capital rasing calculations.) IMHO we have potentially this seller(BTC) waiting with an axe tike a Troll. We will have to prepare to cross the path of this Troll sometime. It is inevitable. Brace yourselves!!!
PYC Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
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)