RE: A.i software bought for $51mln6 Aug 2024 14:22
Another brilliant summary from long term holder KingH
PYC has started the new financial year with the highest revenue on the books £600k VS MC???? undervalued.
it has also created a new division in bio stats for revenue generation.
the key thing that naturally has taken around 8 years for development is the Prostate Cancer dosing app, which has been supported and funded by CRUK & NIHR and has a colab with DOSEMERX which is a global software company - this is currently at a trial with Beyond Blood and also NHS. After many years in the waiting we are getting to the commercialisation point which would be and should be hugely significant.
Dosemerx charges 2.5k per license and has 100,000 of licenses globally.
Medical devises do take time naturally to develop as you can probably appreciate - think of it a bit similar to Oil Company it takes years even decades from discovery to production.
There is also a up to £6mil due if Val ever gets the 201 deal over the line.
over the last ten years LTH have made considerable amounts of money by top slicing then reinvesting as PYC has a history of having great runs - see charts ----0.50p to 30p ---2p to 20p ---1p to 15p ---1.3p to 18p
with the new CEO in place, the dosing tool update due, £6m potential from Val, funded, record revenues, more contracts due, new revenue stream at this MC it is significantly undervalued.
hope this helps