BIT 7.14% 2.6¢ biotron limited

$30 Billion Deal, page-2496

  1. 587 Posts.
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    I think a fair point. I have been working in the industry for close to 30 years and have been part of many projects. If you are private company, a project timeline can be expected date of delivery + contingencies. But when it comes to a listed entity, it is a totally different ball game, with the regulator looking over you.

    Between estimated time and actual time of delivery, there are many variables that are out of MM's control - she had given the best estimate that she can justify to ASX. People cant just throw around timelines as they wish, they should be able to justify, if ASX asks the question. I think under promising and over delivering may not work.

    One thing for sure is we all can see her passion in the letter - why not? This is going to change the lives of millions of people globally. This is her passion. good Share price is a bonus!

    We all need to appreciate the fact that MM is keeping the market informed - I think we are close to receiving at least one test results for safety and eiifcacy!

    May be I am reading too much into this, but bellow in MMs letter is written in a such a positive way, she already has seen the preliminary data but confirmation required!

    https://hotcopper.com.au/data/attachments/5667/5667958-dabd4791cafcc1f8d7797676d16908de.jpg




 
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