Does anyone know how much neuren was valued When it was at the same stage as pyc is now ? Hottod, can you help ? pyc looks overpriced for a company which has not even started the trials - agreed it has a higher probability of success than let’s say when Neu was at this stage ; but 200m valuation sounds steep
Neu has fda approval and it’s at 1.6bn now ; few months ago it was at 600m before the final fda approval.
With pyc I might make 5-7x if all the ducks line properly with all the trials going smoothly, no side effects, fda approval etc after 3-5 years and there is a high chance pyc will come to market for capital raise few times in the next few years ( May not even reach 5-7x)
is it a great bet at this price ??? Neu was 60-70c two three years ago I think , so that was a 20x bet which was worth a shot
pyc at this price at this stage of the company, I am not sure . Or have I got it all wrong !
PYC Price at posting:
6.4¢ Sentiment: None Disclosure: Not Held
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