Good point. I forgot about the increase in holdings.
That can work both way though - the more you buy at a lower price the lower a price you may be willing to accept in the event someone wanted to buy it.
I have no idea what PYC could be worth so I have no particular target. Right now I could understand it trading 3-5c and maybe up to 10c based on potential and what what other ASX listed bios are valued at. I am certain that if it made it that high I would sell a little bit to make sure I manage my exposure. The problem is that the type of news that would get it as high as 10c would have me wondering if I had stumbled onto the next big thing and make me want to keep them.
most people know my preference is to delist , wait a year and raise 30m in the US (even if that means giving away 50%) and I bet we realist in the US at $150-300m making 5x-10x for all concerned.
PYC Price at posting:
1.7¢ 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)