BGT 9.62% 5.7¢ bio-gene technology ltd

Ann: Trading Halt, page-12

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  1. 27,772 Posts.
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    just saying, is what they should do. etc. to combat sticky hands v flippers.
    Yes, it very likely will get to 8.4c,, but on what volume ? Buy depth wont support a sneezing attack on a good day. - Same said, sell volumes are typical low also. Not Liquid.
    For me, not worth trading out the 12m CGTR i have in place. The win case tax advantage too good over the small flip change.

    The upside is, imo , a market that eventually wakes up, and come we advance towards "must have" synergy equation, there is a strong rational for the market to see what we do. And what the incumbent chemistry's that need to prolong their patent advantage, raises potential of corporate action. So that means eg. 8.4, 10.4, 6.4, it should have like the decimal moved, 84c. etc. imo
 
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