BGT 0.00% 6.1¢ bio-gene technology ltd

That would take a decent CEO and this one is looking similar in...

  1. 1,355 Posts.
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    That would take a decent CEO and this one is looking similar in nature to the old one and will likely run the same playbook. The street will simply ignore the company especially after giving away half the rights. There is nothing to do until they get approval and have a product to sell and that is years away. Pointless investing any more as it just locks funds up as the stock is totally illiquid and will remain that way for a few more years.

    The reality is that there is no urgency for a new mode of action in the market, if there was the governments would be offering them a lot of incentives and giving them assistance to get it approved quickly. The world is coping fine with what we have. This is a backup plan and that is what the market sees it as.

    I just realised it too late and will just leave the money in and wait for 3 years, hopefully there is a crisis and mosquitos become heavily resistant to the current insecticides. That is our best chance of a higher valuation unfortunately.

 
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