BIT 5.00% 1.9¢ biotron limited

Without a hope, page-9

  1. 5,840 Posts.
    lightbulb Created with Sketch. 712
    what investors want is a commercial deal. R&D wrapped in bacon will not produce value

    COVID-19 has put a hold on BIT-225

    BITs existing compounds for COVID-19 are not potent and drugable enough. Back to the drawing board. Not a good look when they started and stated that were well ahead of the pack

    BIT225 phase 2b and Phase 3 unfunded

    BIT not any closer to a commercial deal than they were 5-10 years ago.

    For the sake of my remaining investment, I hope in 2021 we will see BIT being absorbed into other market leaders

    Continued R&D will just mean eventual dilution for all holders.

    Shares on offer is on the low side, no major instos want to touch this, money is running out and all another reason why they will be heading back to ‘moms and dads’ for ‘money please’ at less inflated stock price

    as for MnM, she’s fooled us all, and has set herself up for a luxurious retirement
 
watchlist Created with Sketch. Add BIT (ASX) to my watchlist
(20min delay)
Last
1.9¢
Change
-0.001(5.00%)
Mkt cap ! $17.14M
Open High Low Value Volume
2.0¢ 2.1¢ 1.9¢ $5.358K 261.2K

Buyers (Bids)

No. Vol. Price($)
7 1501370 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 14999 1
View Market Depth
Last trade - 13.15pm 08/11/2024 (20 minute delay) ?
BIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.