Bionomics is a bet on red or black at the ASX casino.
For the life of me I can't see whay it has a market cap of $20m. \ An explorer with this company's history fo wasting money would be trading at the value of a corporate shell - like I mean less than $5m.
I absolutely agree with you that a 1-for-1 low priced cap raise is very likely.
Why anyone would give these people money to pursue a failed drug candidate is beyond me.
Idiocy is the epidemic that Bionomics should focus on finding a cure for..........huge unmet need!!!!
BNO Price at posting:
4.3¢ Sentiment: Sell Disclosure: Not Held
