I agree it smelt like a Capital Raising on the cards especially the option dump if they were going to reissue fresh ops with maybe a lower ex price ? - the options as they are were all issued as free attaching.
I never really bought the "sufficient for at least 2 years" line 14 months ago with the RI but who knows - cash is actually not that bad with $4.2M as at January 1 & standard burn around $1.5M Q unless they have some big ticket expenditure item I can't really see a need to bankroll. Phenotypic Screening maybe with the patent finally issued ? ?
If I was going to guess though i'd say just a frustrated shareholder exiting seems to be a bit of "same old, seen this before"
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PYC
pyc therapeutics limited
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$1.37

What the hell is happening?, page-7
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Last
$1.37 |
Change
-0.050(3.52%) |
Mkt cap ! $828.2M |
Open | High | Low | Value | Volume |
$1.42 | $1.42 | $1.37 | $14.92K | 10.76K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2454 | $1.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.40 | 3200 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 3939 | 1.370 |
1 | 1139 | 1.365 |
1 | 17650 | 1.360 |
1 | 839 | 1.355 |
2 | 7527 | 1.350 |
Price($) | Vol. | No. |
---|---|---|
1.395 | 3200 | 2 |
1.405 | 1400 | 1 |
1.415 | 9322 | 1 |
1.420 | 29947 | 3 |
1.425 | 15000 | 1 |
Last trade - 10.01am 23/07/2025 (20 minute delay) ? |
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PYC (ASX) Chart |