What is the value of PYC?
As a development stage biotech the answer to this question is simple:
The value of PYC is in it's ability to raise capital (against the underlying "value" of it's technology).
All existing PYC assets are in fact liabilities, in a financial sense. This is because money will need to be spent to perfect frameworks or identify lead compounds or take promising leads to pre-IND. If PYC can do this (as the current busines model implies) through harnessing the financial resources of large drug companies - this would be a wonderful thing. However, at this stage we may be close - but we are not there yet.
Those on the thread highlighting the "value" of the technology are doing us all a favour. This "value" factor underpins all future value (because it creates a market for the equity that is required to continue development).
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Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $933.2M |
Open | High | Low | Value | Volume |
19.0¢ | 20.0¢ | 18.8¢ | $963.9K | 4.978M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2692 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 445208 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2692 | 0.190 |
5 | 135217 | 0.185 |
10 | 456952 | 0.180 |
5 | 223750 | 0.175 |
12 | 452263 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 445208 | 3 |
0.205 | 650000 | 5 |
0.210 | 1048799 | 10 |
0.215 | 870300 | 4 |
0.220 | 944571 | 2 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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