PYC pyc therapeutics limited

here we go, page-8

  1. 35,790 Posts.
    lightbulb Created with Sketch. 555
    In a sense they took the underwriting for $6M but with Pattersons it makes it $4.5M maximum assuming nobody takes them up if everybody does which I think will be the case then it cost Hockings $1.1M to take up his entitlements.

    So assuming no shortfall it stills nothing to sneeze at

    $1.1M for the $0.015 shares

    $1.5M for the $0.0104 shares in note conversion


    I guess we will have too see the shortfall but I doubt it will be much and not the $6M figure.
 
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