BIT 3.45% 5.6¢ biotron limited

Spot on Footmax.'Investors' have incredible upside potential...

  1. 482 Posts.
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    Spot on Footmax.

    'Investors' have incredible upside potential here but also uncertainty, especially in short term.

    As you suggest, its wise take a 'balanced' approach. Balance is easily addressed via position sizing, right?

    I think we're past the bulk of the 'Hope' you spoke about though. Essentially this 'works' imo (based on historical announcements).

    If it clears reservoirs at scale without side affects and there's no apparent reason why it wouldn't work on a broadspectrum basis this stock should achieve to the upside, esp in the abscence of a comparable competitor, its a new segment.

    In the near term, what if it completely replaces CART as well as compliments it? What if the clearance results are cumulative over time ? ie take it for 6 months clear x% of resevoirs? Take it for 18 months it clears 3x% of resevoirs ?

    We've spoken at length about market size potential here, it's not small.

    Uncertainty of announcements, both in terms of context, timing and sequencing makes it tactically challenging to manage effectively.

    As we know there's potential for a wide spectrum of outcomes eg dilution with potential ST downside price impact, possibly longer term upside, or alternatively a significant leap forward announcement with significant upside ST price impact, or indeed another unexpected outcome.

    Hence, imo, its difficult to be 'in our out' for the bulk of a holding.

    This just became more complex given we're now told coming weeks is in fact likely the next 8 weeks ?

    Trick is imo to know if you're an investor here or a trader. Or if both, what pool of funds is for what purpose with what objectives?

    GLTA

    DYOR
 
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Last
5.6¢
Change
-0.002(3.45%)
Mkt cap ! $50.52M
Open High Low Value Volume
5.8¢ 5.8¢ 5.5¢ $18.42K 326.7K

Buyers (Bids)

No. Vol. Price($)
1 7041 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 25000 1
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Last trade - 15.57pm 14/05/2024 (20 minute delay) ?
Last
5.6¢
  Change
-0.002 ( 1.75 %)
Open High Low Volume
5.6¢ 5.6¢ 5.5¢ 63780
Last updated 15.57pm 14/05/2024 ?
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