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2.2¢ biotron limited

BIT is not CSL, yet.

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mxdbg

486 Posts.

180

13/04/22

21:30

Post #: 60842060
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Originally posted by Footmax: ↑

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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BIT is not CSL, yet.

BIT Price at posting: 7.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.2¢		Change -0.001(4.35%)		Mkt cap ! $19.85M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.1¢	$5.848K	265.8K

Buyers (Bids)

No.	Vol.	Price($)
1	1098181	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	97130	1

View Market Depth

No.	Vol.	Price($)
1	1098181	0.021
2	1031363	0.020
1	225000	0.019
6	491000	0.018
6	725352	0.017

Price($)	Vol.	No.
0.022	97130	1
0.023	1449422	4
0.024	500000	1
0.025	223000	3
0.028	95406	3

Last trade - 15.32pm 17/09/2024 (20 minute delay)

BIT (ASX) Chart