BIT 2.70% 3.8¢ biotron limited

$10 Billion Deal, page-12810

  1. 290 Posts.
    lightbulb Created with Sketch. 78
    The "balls up" on the imminent and coming weeks annoucements began in the weeks leading up to the last AGM when they had to front their sharehloders to demonstrate all of the achievements they pat themsleves on the back for at every opportunity. The excitment from their announcements seems like a convenient distraction in hindsight.

    It's absolutely unforgiveable that they got their guidance to the market so wrong and its cost investors that bought and sold in that period dearly.

    Those words should never have been uttered unless they had an iron clad guarantee on the timelines they signalled to the market becuase any reasonable person would have expected those words to create the FOMO price spike that came and went when the market figured out the results weren't coming out.

    Lot's wrong now.

    IMHO DYOR

 
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