BGT 0.00% 5.7¢ bio-gene technology ltd

Ann: Appendix 3B - Release of Shares from Escrow, page-47

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  1. 140 Posts.
    lightbulb Created with Sketch. 28
    From the article published by the Australian a couple of months ago;

    “140,000 molecules needed to be screened to find one with promise. Finding something like we have with this novel mode of action is quite significant,”

    https://www.google.com.au/amp/s/amp...s/news-story/04be975e2c44530d4c5fd9707abbce2c

    Or (thanks to @Lefevre )
    https://hotcopper.com.au/threads/an...4212611/page-57?post_id=33448321#.W3185CLSXYU


    Bio-Gene need only land one potential suitor and the opportunities amongst all areas of commercial progress become very juicy. With the current cash situation this shows great prospects.

    Commercialisation is no doubt years away but it won’t take much for this to start moving on potential once one or two companies get on board.

    Typically, when there’s no talk on HC it’s a good time to get on board. The same could be said in reverse once things start heating up! IMO only.

    I’m patient and looking forward to how this plays out. GLTAH.
 
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