kar18na, that is quite the report-back you have provided us with- many thanks to you. From the shareholder newsletter from PYC, and your excellent notes from the briefing, I feel I know a great deal more about this company.
PYC certainly seems to have a new spring in their step, and I can understand why- a lot of new activities are taking place, and any equity injections will be very welcome. This, quoting you:
"They are talking to 5 big pharmas corporate venture arms who are looking to take equity stakes in Phylogica."
How terrific! That sounds like strategic or cornerstone investments from Big Pharma. I hope they deliver equity at a premium. :)
6 days up in a row, holders. >100k spent on our bio-tiddler today, and perhaps some fatigued SI's still about, and wanting to hop off to their next opportunity. The Ords have not been great, but PYC's performance has certainly helped the rest of my portfolio. There's a lot to be optimistic about.
PYC Price at posting:
4.3¢ Sentiment: None Disclosure: Held
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