BIT 11.1% 5.0¢ biotron limited

$30 Billion Deal, page-4695

  1. 13,638 Posts.
    lightbulb Created with Sketch. 2267
    No, the accounts clearly show expenditure on research over six months. Those costs are on going. "fully funded" is juut that they have funds available to cover the research.

    Direct research and development expenses (2,198,443)

    Trials are not paid up in front - any more than you would pay a builder up front to build a house. There would be milestones where payments are given out.
 
watchlist Created with Sketch. Add BIT (ASX) to my watchlist
(20min delay)
Last
5.0¢
Change
0.005(11.1%)
Mkt cap ! $45.11M
Open High Low Value Volume
4.6¢ 5.2¢ 4.6¢ $42.25K 871.8K

Buyers (Bids)

No. Vol. Price($)
1 20000 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 155000 2
View Market Depth
Last trade - 15.51pm 14/06/2024 (20 minute delay) ?
Last
5.0¢
  Change
0.005 ( 8.70 %)
Open High Low Volume
4.6¢ 5.1¢ 4.6¢ 221683
Last updated 15.49pm 14/06/2024 ?
BIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.