BIT 10.0% 3.3¢ biotron limited

Ann: Appointment of International Advisory Board for BIT225, page-151

  1. 2,922 Posts.
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    Hi GiddyYup,

    I know you were directing your question to J8 but thought I would chime in.

    Personally I'm happy the hype fog is lifting and people drop their holdings so that there's less ramping either direction on this thread.

    I've already stated my opinion on OB so won't go over that again.

    In 3-6 months from Dec I wouldn't be surprised if the SP is below 5c. We need to remember that BIT225 is only half of the solution to a cure, and the fact they needed an advisory board to help* with how to proceed shows that the other half isn't out there currently and not on the radar of big pharma. I don't believe BIT225 goes to ph3 by itself - what's the point?.. Once this other half is found (which could take 12+ months) then the BIT SP will sky rocket again based on BIT225. But until then it'll most likely drop further. (I'll add my long term view is optimistic due to the need)

    In the meantime though I do believe we will also get updates for HBV and this will provide more opportunities for the traders, but I doubt it'll catch as much attention or growth to what we saw with BIT225.

    *I like the look of the advisory board in general but do have some slight reservations to possible teams within it as they are employed to try help BIT with their future direction. I would hope that anyone that may have a conflict of interest or opposing view to BIT225 that may be part of this board discloses the fact. Otherwise this could cause a concern at the AGM.
 
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