PYC pyc therapeutics limited

where has nick been?, page-8

  1. 5,487 Posts.
    lightbulb Created with Sketch. 707
    Just wondered if i am missing anything. a company with 20 mil mcap and apparently about 2-3 million in the bank, with a cash burn of approx :-2 mil per quarter is taking a vote at the agm on weather to Give 2 directors an interest free no recourse loan of approx $500,000 each so they can buy 15 million shares that will be created from nowhere only 6 months after a cr was required due to their "performance". Surely this loan alone will be enough to trigger a cr??.
    Does anyone know who actually proposed this incentive scheme- was it the directors themselves?.

    the only possible good thing here i guess is these guys filling their pockets to bursting using our money again can only mean that they see the sp will take off otherwise they wouldnt bother.
    Also why a 7 year incentive on a comoany whos aim was apparently to be sold in 2 years. Dont get me wrong i still hope the company goes well, but this corporate greed is getting farcical across the entire market- whos in control of this. Occupy PYC gets my vote Heskumdai
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$1.40
Change
-0.045(3.13%)
Mkt cap ! $813.6M
Open High Low Value Volume
$1.46 $1.46 $1.36 $314.1K 222.1K

Buyers (Bids)

No. Vol. Price($)
1 330 $1.40
 

Sellers (Offers)

Price($) Vol. No.
$1.45 12708 2
View Market Depth
Last trade - 16.10pm 14/07/2025 (20 minute delay) ?
PYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.