Australia's largest stock trading and investment forum Australia's #1 stock forum

BIT

Click for more information

5.45%

5.2¢ biotron limited

You keep on going on about how the preliminary results being...

First 12455 Last

Share
Profile

Follow
virtuosa

209 Posts.

10

11/05/24

11:55

Post #: 73776223
Share

Originally posted by Footmax: ↑

Interesting - I think the FOMO effect is very fickle and that punters have factored in the strong possibility of not only a CR, but also that the trial results will lag behind any announcement of any capital raising.

The statement that COVID trials have been put on hold until the HIV results are released is a sign that BIT may not currently have the funds to complete both trials without further funds being obtained.

This is a bit unsettling and, looking forward, if the HIV trial results are not significantly better than the prelim results, it does raise the question on whether BT can attract interest from investors - and more importantly, third parties that will support any commercial backing for phase 3 trials.

Next few months may be very pivotal for BIT. Essentially, will there be a future for BIT as a potential revenue driven company or will it continue to be "almost there but not quite" for the next decade.

Expand

You keep on going on about how the preliminary results being dissappointing but all end points were met especially the safety issue. Just what the potential buisness partners wanted to see.!!

BIT Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
9 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 614 more messages in this thread...

First 12455 Last

Add BIT (ASX) to my watchlist

(20min delay)
Last 5.2¢		Change -0.003(5.45%)		Mkt cap ! $46.91M

Open	High	Low	Value	Volume
5.4¢	5.6¢	5.2¢	$63.28K	1.198M

Buyers (Bids)

No.	Vol.	Price($)
1	12058	5.2¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	33995	1

View Market Depth

No.	Vol.	Price($)
2	23859	0.051
7	320000	0.050
1	150000	0.049
2	204166	0.048
1	25000	0.047

Price($)	Vol.	No.
0.055	33995	1
0.056	11986	1
0.057	27000	2
0.059	62000	1
0.060	71750	3

Last trade - 15.51pm 07/06/2024 (20 minute delay)


Last 5.2¢			Change -0.003 ( 5.45 %)
Open	High		Low	Volume
5.4¢	5.5¢		5.2¢	64903
Last updated 15.35pm 07/06/2024 ?

BIT (ASX) Chart