BGT 0.00% 4.5¢ bio-gene technology ltd

Registration is key, page-2

  1. 1,435 Posts.
    lightbulb Created with Sketch. 179
    I think there's only one or two guys who are throwing up takeover targets. They are excited and there is nothing wrong with that.

    Bio-gene is getting re-rated after several years of de-risking. I couldn't care less if the company gets taken over at $500m or not because the market cap will move there on its own if they keep checking off the milestones.

    You can talk 2024, sure, but what will the price of Bio-gene be then? I can buy stock in the company at this price before the registration the same way a major can take a gamble and scoop it up cheap now or pay up later.

    The way a mining company can move to a billion dollar market cap even with production years away bio-gene can do the same.


 
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