Make that 5 days in a row, for a total rise of 31.5% over 5 days. Not bad! Today's rise of 7.7% and finishing on our high was rather bullish, I thought. Market depth is looking pretty good, given those piles in the early 4c'es looked pretty hard to climb over a few days ago:
http://cb.iguana2.com/netwealth2/depth/pyc
It's early days, but we are still about 40% below the share price when the placement was announced before Xmas, and we are now recovering. The sell-down from one shareholder, obliterated any benefit from the J&J collaboration, which was a shame, but hopefully, we can recover those losses. We had a share price of 5.7c prior to the placement. It would be great for that level to be restored, or better still, we go higher, because we now have more cash, and PYC has negotiated the best deal we've ever had, with J&J (Janssen), so it must be worth a bit more than 5.7c, which was the SP we had without the deal!
Good luck, holders. It's nice to watch us have value restored.
PYC Price at posting:
4.2¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)