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).
What is the value of PYC?As a development stage biotech the...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $629.9M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $919.8K | 7.025M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12715 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 276517 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PYC (ASX) Chart |