BIT 8.11% 4.0¢ biotron limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-133

  1. 13,729 Posts.
    lightbulb Created with Sketch. 2294
    First point here is that the SP has declined in rapid time - that can't be denied. Qualification is that some other biotech stocks have gone down over the last week - and some have recovered. The Biotech sector is in a bit of a state of flux at the moment.

    Second point is that $$$$$ post was a mature post, and my hat goes off to him for posting his concerns. His post deserves some respect.

    Thirdly, even if BP became interested - and there isn't much movement in that regard so far, it would still be prudent for BIT to raise funds. One would hope that any ph3 trials might attract a third party in partnership, to fund the trials but BIT's operational funding will still be required. In any case, any BP involvement will not occur immediately - there would be a time delay for that to happen.

    I have observed that attacking posters who are not 100% glued onto BIT is quite counterproductive - more of a sport than adding any quality to discussing real life situations.

 
watchlist Created with Sketch. Add BIT (ASX) to my watchlist
(20min delay)
Last
4.0¢
Change
0.003(8.11%)
Mkt cap ! $36.09M
Open High Low Value Volume
4.0¢ 4.0¢ 3.8¢ $7.452K 187.6K

Buyers (Bids)

No. Vol. Price($)
2 223754 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 236290 2
View Market Depth
Last trade - 15.32pm 04/07/2024 (20 minute delay) ?
BIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.