BOT - Anything but charting, page-963

For me if 1801 gets very positive results for its phase 2a trial then this in itself will be the company maker.

Big pharma from there will take a huge interest in this company.

Look at it this way, anyway you look at it testing for 1801 is extremely cheap compared to most bio products. For this the powers that be of the company need to be commended. At a time when funds need to be conserved they went down the cheapest, fastest testing, most lucrative route. Bang for your buck, so to speak.

If the results are positive, in the current climate, big pharma will be tripping over themselves to get a piece of us. The applications for our research are numerous, which I am sure the powers that be have already investigated to a generous degree. What is exciting is that this is what the world needs right now, not tomorrow, not next week .... yesterday! Another positive is we are the leaders by a fair way in this research and have a massive competitive advantage.

Imagine the buzz around this little Aussie biotech should phase 2a be an outrageous success?

It’s bloody front page news!

The good news will be the company would no longer have to worry about funding for its future trials whatever they may be. Whether a take over or tie ins occurs we as shareholders will be laughing.

So with all this I expect a decent run up with the SP until results and then, if results go our way, another huge jump. Nothing is ever certain but I feel it’s close to a given that results for phase 2a will be stellar.

Just glad this phase is not being done in the US!

My average is around 12 cents and I have been in this stock with a substantial holding for over two years buying many multiple parcels from 7c all the way to 22c just before the botched US acne trial (which I have always stated the market has gotten wrong and punished this company too severely) ... when this stock was at 2.7 cents after the failed AD results, I was thinking I would be eating dog food for my retirement! It’s still 20 years away mind you but literally all my savings are in this bad boy.

Stupid, yes, I have gone completely mental for this company, as I have always believed it is onto something extraordinary. So yeah when it was 2.7 cents I was cursing myself, but I didn’t sell a share, deep down I still believed. Not enough to put more bank in, but enough to hold on.

Bought more when it got to the fives and the Sixers. Now I wait. I hope to finally be rewarded like all the LTHs out there, and there are a few.

To those that think I am a fool I will say this ... In life sometimes you have to take risks to get to where you want to go. You always need a little luck for success but if for whatever reason it doesn’t occur and you look back on your decisions. If you believe wholeheartedly given the same choice and the same information you would have done it over again and again, then it was the right decision and it just wasn’t meant to be.

BOT is that for me.