I am confident that the SP will go higher; however, with MnM at the helm, it will not go as high as some people hope.
If only we had a competent CEO running Biotron, then the SP could reach the numbers some people have been suggesting.
MnM has done very well over the past 20 years from us SHs,
MnMs Salarie ~ $6 Million.
Selling some shares at ~.28c that came close to $ 1 million
What a Gravy Train to be on.
The secretary has also done very well, getting $120K a year to write four ASX reports, which are essentially copies and pastes from the previous report.
He is too lazy to update the Biotron Top 40 SHs each quarter. In fact, the website is showing Top 40 as of 30/06/2023. The latest should be 31/01/2023.
The "Argonancy" to shareholders looks like it is filtered from the top down.
The initial ASX announcement of the "Coming Weeks" was on the 26th of September, 2023 (almost four months ago).
The second ASX announcement was on the 14th of December, 2023 (A copy and paste of the September announcement). God forbid the secretary had to write an additional announcement.
Management and the BoD are FN hopeless, no wonder why the SP can not get over 10c.
So why does this matter!, well once the "Great News" comes out, then we SHs will get screwed, as the SP will not reach the highs some are hoping for, and you can thank MnM for this, and she can retire and take up full-time knitting.
It looks like MnM's retirement could be in the "coming weeks.
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