BIT 0.00% 2.2¢ biotron limited

$10 Billion Deal, page-13106

  1. 14,088 Posts.
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    We all hope that BIT gets some outside interest with the HIV trials. Be great to have a cheaper and more effective treatment for HIV sufferers - Maybe even a cure (much overused term I will admit.

    I can't say that the prelim results filled me with to much enthusiasm but, maybe it is enough for a third party to jump on board. We will know something this year, I guess. The old adage - "never count your chickens before they hatch" - comes to mind.

    However, I would be more nervous if I was holding at the moment. As non-holders watching from the side lines means we could be watching something unfold- but we won't be losing anything financially.

    Holding at the moment may mean future profits - and, equally, it could mean holding the bag of soiled nappies and a significant loss in investment value.

    In my very humble view, the risk factor is still much greater than the prospect of an immediate reward. Still a significant gamble at the moment with only average odds to deal with.
 
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