BIT 5.56% 1.9¢ biotron limited

Ann: Option Expiry Notice, page-2

  1. 2,931 Posts.
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    J8 you've been here longer than me and would know the art of timing announcements that BIT has better than I, so do you think we'll get another announcement regarding the comments made in paragraph 6, 8 and 10 of the 'Update on Biotrons Activities' prior to expiry?

    Since the underwriting agreement my thoughts have been that the next big announcement will come post expiry as they will then have the money in the bank to say what they intend to do with it, however seeing the options get offloaded so cheap is making me think of trying for some 'arbitrage'. My only concern is the 5 day turn around it will take to get heads into my account, and the large amount I will need to transfer between heads and tails to make it worth while for the potential risk.

    Just looking for some long term experienced holders thoughts - not advice... My thoughts on BIT has been pretty clear in my comments.

    IMO, DYOR, etc
 
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