Thank you for alerting us to this report, Sharesontoast (worth a new thread, I reckon!) It's been written a few days ago, and as we know, RBS Morgans assisted in raising capital for PYC this time around. The report is a great read, though, and answers some of the questions we may have had, such as what the deal was worth- retail holders could only guess, but RBS Morgans would have much more insight into the facts and figures. From the report:
"Financial details are not disclosed, however we can deduce from the recent shareholder update that approx A$1.3m in upfront payment was received from Janssen."
For anyone coming new to PYC, it's a good summation of what the company is about.
PYC Price at posting:
4.0¢ Sentiment: None Disclosure: Held
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