BIT 7.50% 3.7¢ biotron limited

Ann: Pause in Trading, page-81

  1. 7,303 Posts.
    lightbulb Created with Sketch. 1087
    Oh really?
    It's very unusual for BIT to call a trading halt, and this is their first pause in trading.
    Considering the sensitive nature of their research this year - news has been restricted for non-disclosure reasons, and the recent appointment of the CMO to advance their HIV tests to commercialisation, I would guess this is an announcement of huge importance.
    BIT is well funded with a decent cash balance and will be in receipt of further Government grants, so this is not a trading halt for a CR.

 
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