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6.0¢ biotron limited

the truth is that we don’t know what’s really happening behind...

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1,262 Posts.

115

14/05/24

16:20

Post #: 73819374
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Originally posted by $$$$$$$$: ↑

They likely need to raise before the end of the quarter,
So the sooner they get the raise out of the way the better.

Personally think they, and not just them a lot of companies,
Could have raised while sentiment was hot and the SP was much higher.
For less dilution and
A better all round result for shareholders.

At this point is seems unlikely that all of the Preliminary results will be out this quarter.
So they will need the funds to not just get all the preliminaries done,
But to also get all of the Finalised results out.
It also gives them a better stance to negotiate on as they then would not need funds imminently.

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the truth is that we don’t know what’s really happening behind the scenes—CR vs outstanding results with a BP deal? Time will tell who was right and who wasn’t.

BIT Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.0¢		Change 0.005(9.09%)		Mkt cap ! $54.13M

Open	High	Low	Value	Volume
5.5¢	6.2¢	5.5¢	$10.00K	167.8K

Buyers (Bids)

No.	Vol.	Price($)
2	12000	5.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	394389	2

View Market Depth

No.	Vol.	Price($)
2	12000	0.057
2	137857	0.056
1	15000	0.055
1	81011	0.054
2	238657	0.053

Price($)	Vol.	No.
0.060	394389	2
0.061	25000	1
0.062	48000	1
0.063	105621	2
0.064	46000	1

Last trade - 16.10pm 29/05/2024 (20 minute delay)


Last 5.9¢			Change 0.005 ( 7.27 %)
Open	High		Low	Volume
5.9¢	6.2¢		5.9¢	42152
Last updated 14.10pm 29/05/2024 ?

BIT (ASX) Chart