They are leaders in the field, They have been making ground breaking discoveries, They has been chased by major pharma's the world over and done some incredible deals. Roche, Med-imune, Pfizzer,
They have just finished a state of the art new Laboratory in Perth to conduct paid research.
More tie ups on the way. This field is in its early infancy stages.
stage payments along with patent royalties.
it almost seems to good to be true. all this and cap is $21.2 mil according to comsec.
All it needs is confirmation.
By that I mean all this fantastic news and great discoveries,
BUT THE MARKET IS SAYING -
PYC - SHOW ME THE MONEY.
Lab nearing completion and will be getting orders as they have said that testing is being designed.
Money will flow after and by which time we should have heard about the final ROCHE decision that will follow a payment of some sort.
That will be the catalyst for a re-rating. That will turn the dis believers because money talks all languages.
PYC will be viewed as a serious biotech, not just crazy scientists with funny ideas about drugs that don't even work yet. Or do they????? Why else would major cashed up pharma's be lining up to do multi million dollars deals with them???? :) :) :)
IMO, When this happens, these lingering shares will be snapped up in no time. Just some games will be played along the way thats all, and maybe a chance to top up with a few more.
DYOR
PYC Price at posting:
7.1¢ Sentiment: ST Buy Disclosure: Held
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