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5.45%

5.2¢ biotron limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-134

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fishman67

4,158 Posts.

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30/04/24

16:38

Post #: 73588983
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Originally posted by Footmax ↑

First point here is that the SP has declined in rapid time - that can't be denied. Qualification is that some other biotech stocks have gone down over the last week - and some have recovered. The Biotech sector is in a bit of a state of flux at the moment.

Second point is that $$$$$ post was a mature post, and my hat goes off to him for posting his concerns. His post deserves some respect.

Thirdly, even if BP became interested - and there isn't much movement in that regard so far, it would still be prudent for BIT to raise funds. One would hope that any ph3 trials might attract a third party in partnership, to fund the trials but BIT's operational funding will still be required. In any case, any BP involvement will not occur immediately - there would be a time delay for that to happen.

I have observed that attacking posters who are not 100% glued onto BIT is quite counterproductive - more of a sport than adding any quality to discussing real life situations.

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Blah Blah Blah the company has already communicated to SH the reason for the delays…….quite simple really if you’re not happy with their reasons for the delays, move on lol

BIT Price at posting: 5.7¢ Sentiment: Buy Disclosure: Held
4 Upvote

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Last 5.2¢		Change -0.003(5.45%)		Mkt cap ! $46.91M

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