Hi Fat Harrys Cat , I just checked and i also believe that 3) "shouldnt" happen.. because 3 out of the top holders are individuals , as per below of 9th Dec 2023 - ( there has been some dilution since )
The company's largest shareholder is Alan Tribe, with ownership of 46%. Meanwhile, the second and third largest shareholders, hold 4.6% and 4.5%, of the shares outstanding, respectively.After doing some more digging, we found that the top 2 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions. and Less than 5% of PYC Therapeutics is held by institutional investors
So taking in the above , i can see the share price rise dramatically as the drugs are de risked as institutions get set to a multibillion ANUALL turnover ( large dividends / returns )
My thoughts are that mr Tribe would unload some of his shares to relize a huge proft , bring in another cornerstone investor , then let HIS company become the largest Australian Company.. That would something that all of us would like to leave as a legacy.. - drugs that make such a huge diference to millions of lives..
PYC Price at posting:
20.0¢ Sentiment: Buy 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)