Yes, I see where you are coming from with that. The clinical trials should be the really expensive part and the analysis should be at a lower cost.
There will be other expenses - and general non research expenses look like they are over $200k per quarter.
BIT will still need to create more cash moving forward so, it is prudent to have a CR soon. All companies do that and BIT will have to set itself up for the immediate future. CR is not a dirty word - just a management tool
Thanks for pointing that out.
- Forums
- ASX - By Stock
- $30 Billion Deal
Yes, I see where you are coming from with that. The clinical...
- There are more pages in this discussion • 391 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BIT (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.5¢ |
Change
0.002(3.77%) |
Mkt cap ! $49.62M |
Open | High | Low | Value | Volume |
5.3¢ | 5.8¢ | 5.3¢ | $21.00K | 378.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 81011 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 62742 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 81011 | 0.054 |
2 | 63657 | 0.053 |
4 | 264881 | 0.052 |
6 | 181746 | 0.051 |
6 | 295000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 62742 | 3 |
0.058 | 30586 | 2 |
0.060 | 10000 | 1 |
0.063 | 5621 | 1 |
0.064 | 46000 | 1 |
Last trade - 15.46pm 28/05/2024 (20 minute delay) ? |
|
|||||
Last
5.5¢ |
  |
Change
0.002 ( 3.77 %) |
|||
Open | High | Low | Volume | ||
5.3¢ | 5.8¢ | 5.3¢ | 205102 | ||
Last updated 15.29pm 28/05/2024 ? |
Featured News
BIT (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online