BIT 2.78% 3.7¢ biotron limited

$10 Billion Deal, page-125

  1. 16,268 Posts.
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    Somehow i can't see a deal being done on results from their phase 2 trial. A much larger patient phase 2 trial is needed imo.

    Considering BIT's low cash position even with the 6c options exercised by months end i really can't see any deal done in their favour so more larger phase 2 needed imo.

    Are there any investment funds holding a position or have become sub holders since hundreds of millions of shares have traded , i don't think so.

    If they really had anything of substance brokers would be lining up offering capital at higher prices. That's not happening is it.

    Once the options expire at months end all the company promotion activities will come to an end and re-awaken in 2019 for the 5c options imo.
    Last edited by malmanu: 13/11/18
 
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