Should we participate the SPP?, page-2

First 2 Last

Share
Profile

Follow
fishman67

4,275 Posts.

681

23/02/25

18:39

Post #: 77986134
Share

Originally posted by HHeng01 ↑

Biotron recently announced a Shareholder Purchase Plan (SPP), highlighting its tight financial situation and seeking support from shareholders again. If the fundraising fails to reach the minimum target of $500,000, the company will appoint a voluntary administrator and wind up while still solvent. Clearly, Biotron has reached a critical crossroads.While the company has made many mistakes in the past, but it is meaningless to criticize now. Biotron's statement this time is not unreasonable - it does take time to evaluate and negotiate. I still believe in Biotron’s science. Its viroporin antagonists, uniquely combining direct-acting antiviral and immunomodulatory activities , are at the forefront of the field. This makes them a rare asset in the market and should carry intrinsic value.Furthermore, I trust the expertise and reputation of C14 Consulting Group LLC, which has a history of successful cases. Biotron has also stated that progress has been made since engaging their services.Based on these two factors, I am willing to take the risk and participate in the SPP, provided my financial situation allows it. Do your best, if you are still a existing shareholder, otherwise the company will enter liquidation, and the shareholders will get nothing. Let's take it as the last time. It is also time for the board of directors to be reorganized when the company is revitalized

Expand

Plenty of people here on Hotcopper who couldn’t think of anything better than to see your investment fold……..For those who are heavily invested have No choice I would have thought.

BIT Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Japan tariff deal inked at 15% – as long as US gets half a trillion of investment

TLX

Telix sinks as US regulator SEC issues subpoena over claims

ASX Market Close: Iron awe keeps the XJO tracking along

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

TMG

Trigg brings famed Finnish metals refiner – and its tech – onboard to bolster antimony processing

First 2 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 0.2¢		Change -0.001(20.0%)		Mkt cap ! $2.654M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.2¢	$20	10K

Buyers (Bids)

No.	Vol.	Price($)
45	30477207	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	15991079	21

View Market Depth

No.	Vol.	Price($)
45	30477207	0.002
32	95292000	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	15991079	21
0.004	16987080	16
0.005	6690600	5
0.006	1200000	2
0.007	572733	2

Last trade - 12.28pm 23/07/2025 (20 minute delay)

BIT (ASX) Chart

Should we participate the SPP?, page-2

Japan tariff deal inked at 15% – as long as US gets half a trillion of investment

Telix sinks as US regulator SEC issues subpoena over claims

ASX Market Close: Iron awe keeps the XJO tracking along

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Trigg brings famed Finnish metals refiner – and its tech – onboard to bolster antimony processing

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Should we participate the SPP?, page-2

Top Stories

Japan tariff deal inked at 15% – as long as US gets half a trillion of investment

Telix sinks as US regulator SEC issues subpoena over claims

ASX Market Close: Iron awe keeps the XJO tracking along

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Trigg brings famed Finnish metals refiner – and its tech – onboard to bolster antimony processing

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News