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0.00% 2.0¢ biotron limited

Ann: $1.5 Million R&D Tax Rebate-BIT.AX, page-49

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  1. J8
    14,595 Posts.
    lightbulb Created with Sketch. 831
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    30/04/16
    22:14
    Post #: 17643407
    I doubt the major holders will allow the SP to run enough for option excercises. I think they will bail their options on the run (after June 30th) and sell into the fanfare. Then the options will expire worthless. Major holders want to top up at less than today's prices, not twelve cents. Quite frankly, the company is overpriced already.
    BIT Price at posting: 6.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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