PYC pyc therapeutics limited

PYC - General Discussion, page-678

  1. 2,356 Posts.
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    Only small, but interesting as I've noticed that there are a lot of small trades pushing down the price. Easily attributable to shorters/traders, and IMO likely taking advantage of the consolidation and market cap, both of which are 'easy' targets for hedge funds to manage, especially on low turnover stocks like this. If it gets worse, that may be a concern, but at the moment I think it's more opportunistic trading than anything fundamental.

    The 'problem' as I see it is the sell side far outweighs the buy side....so they need to get more buying support, which means getting some insto's on board. Presumably they will be doing this post consolidation, as that was one of the key reasons for it.

    Interesting tug-of-war in the short-term, but I'm personally not worried about long-term as they have been kicking significant goals consistently, with much more to come, IMO.

    GLTA
    Last edited by Heskumdai: 05/12/24
 
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(20min delay)
Last
$1.15
Change
0.020(1.77%)
Mkt cap ! $670.7M
Open High Low Value Volume
$1.15 $1.18 $1.11 $172.3K 151.3K

Buyers (Bids)

No. Vol. Price($)
1 592 $1.15
 

Sellers (Offers)

Price($) Vol. No.
$1.16 4211 1
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
PYC (ASX) Chart
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