Well, despite the requirement to keep developments confidential for the markets until full disclosure is required, it would seem to be more than a little strange, even negligent, if the company has not been keeping the appropriate authorities in the government and scientific community abreast of what they are doing on COVID-19 and presumably cooperating with in such an important field of research for the health and economy of the nation. Apart from some non specific reassurances from Dr Miller in interviews, articles and commentaries such as mentioned above would indicate they are doing their job (on the presumption that Biotron drugs are the ones in the studies being mentioned), and information will become available once there are definitive indications scientifically shown one way or the other. It should not be too long until we know. Patience!
In the meantime, BIT shows green in a sea of red on the ASX today which is an encouraging sign that there are many holders of this view just waiting to see the outcome which is expected by the end of the month or thereabouts. If a good result (as we hope and kind of expect), maybe not a billion dollar deal, but it should be a very good one for shareholders. Looking forward to it! Let us hope that our expectations are not dashed!
Are there any other Australian developed compounds of that nature that it could be? I haven't heard of any except for the vaccine development going on at UQ.
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Mkt cap ! $19.85M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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12 | 2598963 | 0.019 |
10 | 1719636 | 0.018 |
7 | 2103408 | 0.017 |
13 | 1691225 | 0.016 |
Price($) | Vol. | No. |
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0.023 | 1449422 | 4 |
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