All spec shares are about risk management.Now you need to look...

  1. 15,656 Posts.
    lightbulb Created with Sketch. 2806
    All spec shares are about risk management.

    Now you need to look at that term - RISK MANAGEMENT.

    12 months ago, BIT was worth the risk - trial results pending.

    Today after what essentially are failed results - they failed to advance the results beyond what had previously been achieved.

    At this stage, the risk has increased, and the potential return has decreased. Risk management is a moveable feast.

    That, logic would say, means that the tech has less value than previously considered - or none at all. Lack of interest from third parties would seem to indicate this.

    So, scenario, 6-12 months down the track and the consultants have not nailed down a deal. BIT is forced to fold. The "tech" is worth what anyone wants to pay - and that could well be zero.

    Perhaps try not to lecture people on this forum - most would have more experience than you do and have a more open mind as well - they can look at all scenarios equally.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $3.318M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $1.829K 731.6K

Buyers (Bids)

No. Vol. Price($)
45 31075875 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 15955760 21
View Market Depth
Last trade - 14.53pm 25/07/2025 (20 minute delay) ?
BIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.