PYC

1.04%

9.7¢ pyc therapeutics limited

I can assure you Rohan has his own frustration with the share...

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travelbug2

6,557 Posts.

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16/05/23

08:38

Post #: 67790513
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Originally posted by Medicine Man: ↑

@travelbug2 let's hope we have turned the corner and those 2 brokers would stop their price control.

The future income derived from the 3 drugs already announced would be $1b + $2b + $3b = $6b US Dollars (A$8.6b) for treating RP-11, ADOA, and for Phelan-McDermid Syndrome respectively.

For biotech shares in the US, the P/E ratio is 17 on average. Let's apply a P/E of 10 just to be conservative in Australia until PYC is listed in the US Market. The market cap would be at least A$86b. That would make it rank 4th in the ASX50 behind CSL. Sure it would take 2, 3 or 5 years to reach that target. In the mean time, if another Kidney or CNS drug is added to the pipeline with US5b annual income, market cap would swell to A$157b in a couple more years, ranking 3rd ahead of CSL.

Now you would see the enormous potential of this share and it could be the reason for brokers to stagnate the SP regardless of major milestones being met and quite possibly even after patients are being dosed. They just want to slowly accumulate shares at a bargain basement price of 6c.This cycle could not be broken without the following steps:
Educate existing and prospective brokers/shareholders about the enormous potential in PYC's income stream.
Solid news such as successful readouts from clinical trials which would cause a quantum leap in SP.
Other brokers to use an exact opposite tactic to defeat those 2 by buying shares slowly and consistently.
Preferably all of the above and have Step 3 maintained even after solid news to stop the SP drifting back down artificially.

I am determined to make Rohan aware of our frustration on the seemingly controlled SP and the needs to do more Road Shows to educate many more brokers.

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I can assure you Rohan has his own frustration with the share price, he hardly needs to near it from us. If you look at NEU and Hottod’s posts you will see that we have to prove it works to get any price appreciation. And then…..off it will go, much like NEU did.
And the first readouts could be around Xmas.
PYC Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
6 Upvote

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(20min delay)
Last 9.7¢		Change 0.001(1.04%)		Mkt cap ! $452.6M

Open	High	Low	Value	Volume
9.6¢	9.7¢	9.4¢	$264.4K	2.765M

Buyers (Bids)

No.	Vol.	Price($)
2	59037	9.4¢

Sellers (Offers)

Price($)	Vol.	No.
9.7¢	49995	1

View Market Depth

No.	Vol.	Price($)
2	59037	0.094
1	90791	0.093
2	75000	0.092
3	107875	0.091
7	193499	0.090

Price($)	Vol.	No.
0.097	49995	1
0.098	50000	1
0.105	452043	3
0.110	802229	7
0.115	585111	3

Last trade - 16.10pm 02/08/2024 (20 minute delay)

PYC (ASX) Chart

I can assure you Rohan has his own frustration with the share...

GreenX picks up prospective copper project in Germany

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Is oil undervalued?

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Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Venture to sniff out high-grade REE targets at Jupiter project, WA

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Cost blow-out for Rook I uranium project sees share plummet for NexGen

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I can assure you Rohan has his own frustration with the share...

Top Stories

GreenX picks up prospective copper project in Germany

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Is oil undervalued?

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Westgold sets its sights on top five producer status through merger with Karora

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Venture to sniff out high-grade REE targets at Jupiter project, WA

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Featured News

Buyers (Bids)

Sellers (Offers)

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