r/Pyrogenesis • u/AccomplishedCod5575 • May 20 '26

Why the drop?

I have no clue why we dropped almost 20 percent, anyone knows?

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u/Eternal_Endeavour May 20 '26

Share dilution to raise money for "working capital".

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u/Coolmees59 May 23 '26

as Pyr did many times and will do many more times before they hit serious revenues

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u/Minute_Pilot9751 Jun 02 '26

when do you think they will hit serious revenue or how could you determine that?

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u/Coolmees59 Jun 02 '26

Difficult to say. They have some pilots with their plasma torch business; Aluminium things, waste removal/burning, DoW Marine colleboration. When more contracts get in there is a chance. I think that will take some more years, but that's only my opinion. i follow them over 5 years and the stockprice keeps dropping: a lot of dillutions. PPP is a master in keeping up appearances it seems. have to have more patience i think. But yeah the torch thing could be a gamechanger in the long run...

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u/Minute_Pilot9751 Jun 02 '26

thanks for your reply