BIT 2.63% 3.9¢ biotron limited

Ann: Proposed issue of securities - BIT, page-113

  1. 13,715 Posts.
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    I would have to say that, at 3 cents - plus the options - that it probably is a good buy at the moment. The SP should hold up to some extent - and that will depend on how many sell their shares over the first few weeks. The discount is very generous so trading shares should provide a profit.

    Longer term is unclear - as it is with any biotech company. Short term, there are profits to be made.

    Yes, AGM should be interesting
 
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