Phylogica is running a very tight ship - you don't have multiple collaborations with pharmaceutical giants & many more in dicussion without ensuring the utmost degree of high confidentiality on these discussions. Biotechs over time has had many instances of insider trading, but this over recent years has been heavily clamped down on after big pharma felt the pinch from authorities hence why it is now of such critical importance.
Phylogica has never moved leading into announcements aside fom general market expectations that it may be close - i wouldn't expect any different this time.
New Financial year from tommorrow - never know some of the strategic investors may be trying to pretty the share price up a little today to reflect on end of year books ie. placement recipitents.
PYC Price at posting:
6.9¢ Sentiment: None Disclosure: Held
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