If th HC effect was really in swing then this will go to 10c - ADO is the perfect example of HC power - the threads there have turned a little sour but the quality for such a long time was so good - the faithful attendance at AGMs was impressive too. I check the registry often there and the drive up has almost exclusively been small investors and punters - it mystified me at first sold I sold down my exposure (which was too big anyway) but in the end the power of good information is huge and the collective strength of HC punters is impressive.
There are a half dozen here that are of the same quality in understanding and posting (although the science still mostly goes over my head in what you are talking about!) so the same base potential is here - add to that a well managed company (I believe that now exists) and we definitely have the magic ingredients.
I don't want to disclose who impressed me (not fair on them) so much that I took a good chunk of the shortfall but he is the Hockings advisor - to give you an idea he is a qualified doctor, also has a law degree (and practiced in hospital and for a major law firm) and now works for one of the worlds most respected consultancy firms. He is the architect of the capital raising and the management restructuring. After speaking to this guy for less than half an hour I realised that the potential could finally be realised in PYC. He is not actively involved now but I believe will continue to play a role behind the scenes and that gives me comfort.
The NAOS sell down etc is rapidly being reversed for good reason - this is a good company with potential I can't measure so I wait now to see what happens. Normally I would be selling some traders here after a quick 100% but I believe this is just moving back to the right starting level after a bad history so this time I am sitting back to see what really happens - In fact as I said I have bought some in the 2s as I got to understand that the CR was just a lucky entry point and there was still value at least up to 3c and maybe 5c.
$30m MCAP is nothing - especially when the largest holder didn't get all they wanted and the 2nd largest is still buying . . .
PYC Price at posting:
3.0¢ Sentiment: LT Buy Disclosure: Held
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