This has been my logic all along. BIT is now capitalised at $30M, give or take. That's one day's cashflow to a pharma giant. If BIT really did have "the holy grail", or even something with potential to be, don't you think they would have been bought out by now? A 20% stake in BIT at current prices would cost $6M.
I have given up on this POS stock, I have no faith in management's ability to turn this into anything substantial, and I will be selling out on the next spike.
$10 Billion Deal, page-10846
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.14M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.9¢ | $7.664K | 403.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 1202498 | 5 |
View Market Depth
| Last trade - 13.42pm 27/09/2024 (20 minute delay) ? |
| BIT (ASX) Chart |