I was (past tense) bullish on PYC Had a relatively balanced (Markowtiz theory) weighting of portfolio in PYC shares &/or PYCO options .... but greed got the better of me & exited the PYC shares & kept topping up on PYCO options
Lessons learned ? probably not - maintain theory generalisation that options better leverage comparative to shares.
Concur with other postings of today about PYCO holders left out in the cold & ill feelings of PYCO holders about the very preferential funds raising & terms of the PYCOA.
Disclosure : Position (although understand can't trade PYCO on ASX - I still can exercise - but at 15c ?) Sentiment - reckon that perhaps the best BIOTECH multibaggers around .... timing might be LONGER LONG term though.
Especially to PEACE & SHARES on TOAST - have appreciated your informative posts Guess that now that the PYCO are essentially worthless that early next month PYC can get around to pulling the 3 rabbits out of the hat.
PYC Price at posting:
6.1¢ Sentiment: LT Buy Disclosure: Held
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