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6.0¢ bio-gene technology ltd

lol .04 cents the next raise ok ….The STK deal is amazing it’s...

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Holmesearth01

7,424 Posts.

375

11/08/23

21:42

Post #: 69299263
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Originally posted by beaches811: ↑

8 years to royalties according to presentation, ouch. There will be zero chance of any meaningful SP increase until they actually get regulatory approval which is years away, until then the product will be valued at $0. About the only thing that shareholders have to look forward to in the near term is a capital raise.

So in all from when they first raised as a public company to expected revenue is going to be 14 years. This just shows how grossly inept the management and board has been. Funny how they tried to gloss over the STK deal in the presentation, my understanding is STK never have to pay royalties and can manufacture their own Qcide, sweet deal for them, no so much for shareholders.

At the rate of progress I expect the next raise to be around 4c.

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lol .04 cents the next raise ok ….

The STK deal is amazing it’s like they are giving us $5-10 million dollars upfront and all their expertise and all their teams all working for us and we get a free carry into registration….. look at the size of the addressable market’s enormous $$$$ once registered we just keep doing deals and clipping the tickets on sales with low running costs we could be receiving decent dividend returns $$$

gltah

BGT Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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Last 6.0¢		Change -0.009(13.0%)		Mkt cap ! $12.08M

Open	High	Low	Value	Volume
6.3¢	6.3¢	6.0¢	$2.427K	40.37K

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No.	Vol.	Price($)
1	118888	5.9¢

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Price($)	Vol.	No.
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