BIT 5.26% 2.0¢ biotron limited

$30 Billion Deal, page-4885

  1. 14,042 Posts.
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    Can you expand on what are the potential alternative options?

    Funds will be required, and I doubt anyone can substantiate claims that these are guaranteed from a third party. Final results are not in - and the timing for these is unknown. Until they are out, BIT does not have much of a bargaining chip. Also, preliminary results (that were supposed to be out in Sept 23), are not definitive enough to warrant a "cure" claim and even BIT just stated they were just "promising".

    I am sincerely interested in why you think there would be any reason for a CR to not be the primary option as a source of funding as the current situation stands.
 
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