BIT 10.5% 2.1¢ biotron limited

$10 Billion Deal, page-23

  1. 8,009 Posts.
    lightbulb Created with Sketch. 551
    You miss the point, No one has suggested an HIV cure will be on the shelf in the ST certainly not in a week.

    The question is does BIT225 and its associated compounds show enough promise for a major pharma company with its huge cash reserves to enter into a JV with BIT to develop 225 further into phase 3 trials?

    Confirmation of such an outcome will send the SP to many multiples of where it is now even if the final product, should there ever be one, is years and years away.

    I don't see the party as over at all, I see it as just beginning.

    MM is due in the States in early November to meet with big pharma - it is the outcome of those meetings that is the key here in the ST not getting a product onto the shelf and why I continue to hold and why I have a couple of cheeky bids in depth just in case Mr Market send the SP down lower.

    EB
 
watchlist Created with Sketch. Add BIT (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.002(10.5%)
Mkt cap ! $18.94M
Open High Low Value Volume
2.0¢ 2.1¢ 2.0¢ $8.519K 422.0K

Buyers (Bids)

No. Vol. Price($)
2 53441 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 151166 2
View Market Depth
Last trade - 12.32pm 07/11/2024 (20 minute delay) ?
BIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.