PYC pyc therapeutics limited

roche or new player ?, page-3

  1. 87 Posts.
    why i like PYC

    Roche - Announced Jan 2009, upfront payment ~$1.0 Million, Milestone payment $XX,000,000 circa July 2011 + royalties on any successful drugs developed as a result.

    MedImmune - Announced Aug 2010, upfront payment ~$1.5 Million, Milestone payment $98,000,000 circa Aug 2011 + royalties on any successful drugs developed as a result.

    Rumoured deal? - might be announced < 3 months, similar arrangement as above.


    Essentially if PYC can successfully get a Milestone payment out of one of these 2, potential 3 companies it will put a rocket under the share price.

    Doing the maths (correct me if I'm wrong), if, in the next 12 months MedImmune makes the payment of $98,000,000 to PYC, based purely on cash value, PYC would be valued at 35 cents (98m / 283m shares) or approximately 6x its value. However at those levels if would be a potential takeover target with a Value of $200 - $400 m or 12x ($0.70) � 23x ($1.40) its current share price.

 
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(20min delay)
Last
$1.37
Change
0.015(1.11%)
Mkt cap ! $799.0M
Open High Low Value Volume
$1.40 $1.40 $1.36 $181.4K 130.5K

Buyers (Bids)

No. Vol. Price($)
5 3267 $1.37
 

Sellers (Offers)

Price($) Vol. No.
$1.39 5808 2
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Last trade - 13.49pm 18/07/2025 (20 minute delay) ?
PYC (ASX) Chart
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