BIT 3.70% 2.6¢ biotron limited

$10 Billion Deal, page-12657

  1. 13,832 Posts.
    lightbulb Created with Sketch. 2347
    Unfortunately, that may be a prophetic comment.

    I suspect that there would be a few punters now having a real expectation for the CR that must come shortly and would be betting that any results will not change the current situation much more than the prelim results did - and the market took those results in its stride with little excitement.

    Any CR will be discounted and forces out there would rather see an SP starting with a 4 cent range.

    There does not seem to be any FOMO effect in place at the moment - a bit strange given that the final results are pending which would normally bring FOMO into the equation. The market is not convinced at the moment - some keen punters here seem to be ignoring the signs.
 
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