With due respect Milano you are talking complete b***s . I don’t think you know what you have invested in if you think pyc is a cancer drug and research company. I think you need to go on to their website and read up
No Luton you need to waste more time by re reading my posts ! I have 144,0000 pyc and 1.79m sar. Apologies if you were not having a dig but I read it as if you are trying to trip me up . So 45k I would re invest which will leave me 50k nz on garden. That’s just the front garden as I have a back lot of over 600 sq m. That’s what you get in nz -space. Ps I think I have been relatively conservative /negative but I have always said that I was hoping for a big rise in pyc to fund more sar. You do know c 19 has happened and changed the landscape don’t you ?
It’s happening ,trouble is they are going up at same time! I think pyc can easily go to 50p from here in a short time .thats my garden sorted and increase my sar holding to 7m and then wait for 20p plus Happy days Level 3 here so people returning to work if they have to but no school . Helps when you have a population of 5m and greater land space than uk and a north and South Island. The trouble is international tourism put 30bn into economy although kiwis spend 20bn overseas. NZ by acting decisively and immediately may come out of this relatively ok
Yep 20m would not be enough for div also I like to think ce has some future investment or developments lined up so sar would need 20 to reinvest . 700/800 up front and we can’t re invest that it’s just too much cash for our skills ie we are not ready for company purchases so in that scenario yes we would receive a dividend or share but back. Thoth the figures you mention help me dream but there really has not been commercially to substantiate that’s what we are in line to get. Without a rns we will continue bleeding all the way down to 4’s and3’s ifear
So many postings but most are nonsense jibes unfortunately. Potnak my take is this. Yes you can pay a special dividend but only if you have retained earnings but sar do not so they can not. So if sar got a 20m milestone then depending how it must be accounted for sar will make a profit but maybe not enough to wipe out its retained so again no dividends. We will not be getting dividends from sar for a long time if at all. Dividends just indicates that have no new investments so basically they would be better to get taken out . To me that’s sar end game not a steady flow of dividends. I feel it’s less and less likely a rns is coming soon
Unfortunately with the trades really dropping off I think we will see a consistent drop without news , so really it’s a case of where it settles anything above .5p I will be happy
Who made a profit I salute you, to the lth who have patience good luck and to the traders who got in at the wrong time and are now down stop whining and lick your wounds and sod off , you rolled your dice and lost!
I think the people who have recently bought and are up should sell and make a profit and move on. Lth ‘s have a lot of skin I this game and are ever hopeful but the c19 is a fortunate side show which has propelled us short but may not be significant longer term, if it results in price fall I don’t mind waiting another 2 years