PYC pyc therapeutics limited

just a thought about logical sequence...

  1. 13,050 Posts.
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    As a PYC holder, I wonder IF it would not have made more sense to FIRST announce this good news about the "Technology License to Janssen Biotech" as well as first to release a shareholder update and THEREAFTER have made a new CR to sophisticated investors at a - I would strongly assume - HIGHER sp.
    The way the PYC management handled this, we are now after this good news - at least temporarily - still sitting sp wise around the 4c mark!?
    All "water under the bridge" now but I do not think that the sequence employed was the most logical in the sense to attract the best pricing for the CR.
    Comments welcome.
    wasa
 
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