BIT 5.00% 1.9¢ biotron limited

Results and deal … a never ending carrot dangling exercise which...

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  1. 1,041 Posts.
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    Results and deal … a never ending carrot dangling exercise which is now being totally ignored by market. Everyday cash is dwindling to levels which will require answers, not just flip flopping. All market cares about now is cash position and where company will be getting funds from. After all this end of town main purpose of ASX listing is to raise funds. You can’t cut a deal with only few hundred thousand in the bank and MM yet again has her back up against a wall.

    Covid results… I would like to remain optimistic but back when MM and Rob Thomas were spruiking the mouse model results he specifically said *if* BIT225 was to work in humans we are going to know VERY quickly…. That was 2 years ago.
    Last edited by kpt3891: 24/07/24
 
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