IMHO the decline of the SP was entirely predictable.
I remember last year when the SP jumped up from around 3c to 10c on a letter that said results were imminent...No trial results, no partnerships or licensing agreements etc.
It's pretty amazing it held around 10c as long as did as the months passed with results always in the coming weeks....It was pretty clear SH were being strung along.
In that time there was no clear communication from management, just carrot dangling...Then management announced mediocre results, advising SH were expecting too much is just salt in the wound.
Management are meant to be working for the shareholders, not the other way around. When they can't be bothered to give sufficient time or prepare for a significant webinar, I think that speaks volumes about whether to decide to invest in a company.
IMHO DYOR
- Forums
- ASX - By Stock
- Ann: BIOTRON CLINICAL TRIAL RESULTS WEBINAR
IMHO the decline of the SP was entirely predictable.I remember...
-
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BIT (ASX) to my watchlist
|
|||||
Last
3.8¢ |
Change
0.001(2.70%) |
Mkt cap ! $34.28M |
Open | High | Low | Value | Volume |
3.7¢ | 4.0¢ | 3.7¢ | $68.85K | 1.794M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 150000 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 349950 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 150000 | 0.037 |
5 | 415000 | 0.036 |
5 | 724214 | 0.035 |
2 | 106000 | 0.033 |
3 | 91250 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 299950 | 2 |
0.041 | 144000 | 2 |
0.042 | 117600 | 1 |
0.043 | 102000 | 1 |
0.045 | 120000 | 1 |
Last trade - 15.10pm 28/06/2024 (20 minute delay) ? |
Featured News
BIT (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online