Thank you / obvs4 Oct 2025 12:37
Thank you to Trench and King et al for their opinion and observations of the AR and the IM.
If anyone is reading these posts from the opposite side of the spectrum from Avo and TIO etc, they will be in a quandary as to who to believe?
Someone has to be right? Mind you if you are thinking of putting £ in PYC purely based on BB information then that is a bad idea.
With all this talk of cash positions at certain time frames, cash burn, BOD wages etc its all very confusing, as either side of the argument has their option for one reason of a other.
The thorny question of a discounted fundraise persists? On one side they say no, the other side say yes? In the past, some have said no fund raise will appear, and then when it occurred they were not surprised, only the timing of it.
This and the P&D nature of PYC volatile movements "could" be holding PYC back with investors. TIO mentioned that the P&D aspect of the movements is getting smaller and shorter? I have witnessed that to,. Also seems that the % gains from this kind of trading is getting smaller, as more and more people are getting wise to it? Why risk putting £ in on a spike when the SP can fall back to where it was days later? A few weeks ago i mentioned that we were in the .50 range, and since the AR and IM pres the SP has fallen back, but not to its lows of months ago. Was this a P&D with run up top the AR, was it investors betting on the AR being better than perceived by the wider market after their "exceed market expectations" TU, then bailing?
Can the notion of a fundraise discounted or not, ever be the thing of the past in a microcap, no.
For me the link with Doseme and dealing with Docetaxel is a main driver here.
The conversation rate has nearly doubled in the last year which is impressive.
6 late stage contracts due. If last year is anything to go by, then we should expect all 6 to land at sometime?