BIT 5.41% 3.9¢ biotron limited

$10 Billion Deal, page-9392

  1. 13,738 Posts.
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    Can't answer that but think about a $10bil MC - that is roughly putting an SP up to $15.

    Think that having an imagination running wild will not be a substitute for reality. Maye being more realistic in expectations should be relied on much more.

    My question to you is what could happen to substantially lift the SP ?

    If realy good news comes through then the SP will jump and maybe slowly increase to a level after that. I can see good results getting BIT to the $1 level and then maybe $2 but even that is an extremely optimistic valuation.

    Also, consider where BIT is at the moment. Science can take time and there is still a journey ahead. What happens to mice in clinical trials is not automatically transferable to what happens in human trials.

    Level heads are required here. BIT is not CSL.
 
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