I agree there is no commercial deal coming any time soon, not with the results for a trial of 20 people showing p<.5 (percent) that BIT has an effect used in conjunction with cART. It could show there is positive outcome and 200 million dollar market cap on that would be fair. If further inbound trials are also good 500 million, maybe that would be 50c wouldn't hold my breath. Not to mention effect on the upcoming capital raise, unpredictable. Then another ridiculous wait until commercialisation, years away the rate of advancement with this company is ridiculous, unsustainable, either watering down (devaluing) the SP to nothing with options to raise capital over that time, losing all shareholders confidence or just being outpaced by competition. Dream scenario is we get three good phase 2 trials this year get to 20 cents based on new hopes and dreams anyone looking for the exit sees the forest for the trees and gets out of dodge without getting greedy, even 15c after good news and a market with a new positive outlook on BIT I might have to say good enough for me, adios BIT financial management team, and MM the worst leader of a company outside of exploration mining stocks.
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10 | 880546 | 0.025 |
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Price($) | Vol. | No. |
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