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4.5¢ bio-gene technology ltd

I agree and I’m a keen reader of your analysis on all things...

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Fortunate Son

140 Posts.

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06/02/19

20:06

Post #: 37354409
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Originally posted by RNClarke: ↑

The material transfer agreement most likely is to ensure the product works in their home markets, no point spending millions in testing without previewing the product. Let's hope they follow instructions on the label correctly.

At the end of the day no new chemistry has been discovered which is showing the types of results BGT has been able to generate since listing.

IRAC registration is the ultimate goal which will give these majors no alternative except to implement Flavocide and Qcide as part of a wider pest management strategy.

The waiting game continues. On the plus side we will also be eligible for an R&D refund which will further supplement our cash reserves.

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I agree and I’m a keen reader of your analysis on all things ASX. Investors don’t need their hands held, however I thought a little bit more information on what the company has been up to would have been nice. A quick summary if you like. Obviously if they had a banger to drop it would’ve already been released as price sensitive.

I was impressed with cash flow and I’m impressed with the prospects as you have pointed out. Another year of cash makes this and easy hold risk v reward.

Cheers Mr Clarke. GLTAH

BGT Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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