All spec shares are about risk management.
Now you need to look at that term - RISK MANAGEMENT.
12 months ago, BIT was worth the risk - trial results pending.
Today after what essentially are failed results - they failed to advance the results beyond what had previously been achieved.
At this stage, the risk has increased, and the potential return has decreased. Risk management is a moveable feast.
That, logic would say, means that the tech has less value than previously considered - or none at all. Lack of interest from third parties would seem to indicate this.
So, scenario, 6-12 months down the track and the consultants have not nailed down a deal. BIT is forced to fold. The "tech" is worth what anyone wants to pay - and that could well be zero.
Perhaps try not to lecture people on this forum - most would have more experience than you do and have a more open mind as well - they can look at all scenarios equally.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.654M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $5.075K | 2.537M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
51 | 31028047 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 15909523 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
47 | 29802047 | 0.002 |
31 | 94742000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 15072463 | 20 |
0.004 | 16987080 | 16 |
0.005 | 6690600 | 5 |
0.006 | 1200000 | 2 |
0.007 | 572733 | 2 |
Last trade - 11.26am 21/07/2025 (20 minute delay) ? |
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BIT (ASX) Chart |