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5.26%

2.0¢ biotron limited

$1.00 On The Horizon, page-862

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TGMax

95 Posts.

40

08/11/21

07:08

Post #: 57384680
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Originally posted by mxdbg: ↑

Sorry Michael, for my obscure choice of words.
My main point was that for six months the share price was not allowed to fall below 5 cents except for one week before each announcement.
I brought a few small packets at around 5.1 and 5.2, but each time I tried to get in at 5 cents it bounced like a rubber ball before I could get there.
If it were insider purchasers, ASX seems to allow a fairly long lead time between action and declaration, so I would not expect to see anything just yet.

Case in point, those 5 million, (I think), options haven't been cancelled yet despite the date for a commercial deal having passed.

Moving on to speculation:
The price has been allowed to drop to 4.9 for the first time, post announcement, (apart from the aforementioned week before each announcement), which makes me think on such things as, whether a NDA was signed last Friday.
There are a lot of interesting things seeming to line up when one does a little digging, but that's enough from me as it could be just a case of confirmation bias.

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You'll notice a couple of new top 20 shareholders in the past six months since the share price has been around the 5c mark which would indicate each new holding would be around the value of $200k.

BIT Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.0¢		Change 0.001(5.26%)		Mkt cap ! $18.04M

Open	High	Low	Value	Volume
2.0¢	2.1¢	2.0¢	$9.288K	460.4K

Buyers (Bids)

No.	Vol.	Price($)
1	15038	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	24000	1

View Market Depth

No.	Vol.	Price($)
1	15038	0.020
4	1410807	0.019
12	2330053	0.018
6	718000	0.017
12	1556225	0.016

Price($)	Vol.	No.
0.021	24000	1
0.022	440000	2
0.023	307000	2
0.024	100035	2
0.025	620000	4

Last trade - 15.05pm 07/11/2024 (20 minute delay)

BIT (ASX) Chart