Ann: Results of Meeting AGM, page-69

  1. 15,644 Posts.
    lightbulb Created with Sketch. 2801
    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.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
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
Last trade - 11.26am 21/07/2025 (20 minute delay) ?
BIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.